ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Short Interest Update

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,142 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,114 shares, the short-interest ratio is presently 0.4 days.

ETC 6 Meridian Low Beta Equity Strategy ETF Price Performance

Shares of SIXL opened at $39.32 on Tuesday. ETC 6 Meridian Low Beta Equity Strategy ETF has a one year low of $35.69 and a one year high of $40.92. The firm has a market capitalization of $194.63 million, a PE ratio of 17.82 and a beta of 0.55. The company has a 50-day simple moving average of $39.90 and a two-hundred day simple moving average of $38.93.

ETC 6 Meridian Low Beta Equity Strategy ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 29th were given a $0.0564 dividend. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, July 29th.

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.