GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) Sees Large Increase in Short Interest

by · The Markets Daily

GraniteShares Autocallable SMCI ETF (NASDAQ:SCA – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 8,491 shares, an increase of 330.6% from the September 15th total of 1,972 shares. Based on an average daily volume of 6,457 shares, the days-to-cover ratio is presently 1.3 days. Approximately 7.1% of the company’s shares are short sold.

GraniteShares Autocallable SMCI ETF Stock Down 0.0%

SCA traded down $0.01 during trading on Friday, hitting $25.59. 13,187 shares of the stock were exchanged, compared to its average volume of 2,732. GraniteShares Autocallable SMCI ETF has a 1 year low of $18.08 and a 1 year high of $26.81. The stock has a 50 day moving average price of $24.94.

GraniteShares Autocallable SMCI ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Wednesday, October 7th were paid a dividend of $0.7827 per share. This is a decrease from GraniteShares Autocallable SMCI ETF’s previous monthly dividend of $0.7933. This represents a $9.39 annualized dividend and a dividend yield of 36.7%. The ex-dividend date was Wednesday, October 7th.

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