ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Up 200.0% in July

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 117 shares, a growth of 200.0% from the July 15th total of 39 shares. Based on an average trading volume of 1,846 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Performance

NYSEARCA:SIXL traded up $0.16 during trading hours on Friday, hitting $40.14. The company’s stock had a trading volume of 37 shares, compared to its average volume of 4,554. ETC 6 Meridian Low Beta Equity Strategy ETF has a 52-week low of $35.69 and a 52-week high of $40.92. The business’s 50-day moving average is $39.45 and its two-hundred day moving average is $38.73. The company has a market capitalization of $198.69 million, a PE ratio of 17.82 and a beta of 0.56.

About ETC 6 Meridian Low Beta Equity Strategy ETF

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.