Day Hagan Smart Sector International ETF (NYSEARCA:SSXU) Sees Significant Drop in Short Interest

Day Hagan Smart Sector International ETF (NYSEARCA:SSXU) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,350 shares, a drop of 45.1% from the July 15th total of 2,460 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 2,312 shares, the days-to-cover ratio is presently 0.6 days.

Day Hagan Smart Sector International ETF Stock Down 1.6%

Shares of SSXU stock traded down $0.58 during trading on Tuesday, reaching $36.09. The company’s stock had a trading volume of 679 shares, compared to its average volume of 9,218. The business has a fifty day moving average price of $35.66 and a 200-day moving average price of $35.77. Day Hagan Smart Sector International ETF has a one year low of $32.60 and a one year high of $37.42. The company has a market cap of $44.75 million, a price-to-earnings ratio of 16.57 and a beta of 0.68.

About Day Hagan Smart Sector International ETF

The Day Hagan\u002FNed Davis Research Smart Sector International ETF (SSXU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund-of-funds that aims to outperform its benchmark by over and underweighting geographic regions outside of the US. SSXU was launched on Jul 1, 2022 and is managed by Day Hagan.