GraniteShares Autocallable SMCI ETF (NASDAQ:SCA) Short Interest Update

by · The Markets Daily

GraniteShares Autocallable SMCI ETF (NASDAQ:SCAGet Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,071 shares, an increase of 1,132.7% from the June 15th total of 168 shares. Currently, 5.2% of the company’s shares are short sold. Based on an average daily trading volume, of 279 shares, the short-interest ratio is currently 7.4 days.

GraniteShares Autocallable SMCI ETF Stock Up 0.4%

GraniteShares Autocallable SMCI ETF stock traded up $0.09 during midday trading on Friday, reaching $20.51. The stock had a trading volume of 119 shares, compared to its average volume of 421. GraniteShares Autocallable SMCI ETF has a 12 month low of $19.50 and a 12 month high of $26.81.

GraniteShares Autocallable SMCI ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.8295 dividend. This represents a c) dividend on an annualized basis and a yield of 48.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

Insider Buying and Selling

In other news, Director J Tim Arnoult purchased 9,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were acquired at an average price of $9.05 per share, with a total value of $81,450.00. Following the completion of the transaction, the director owned 50,869 shares of the company’s stock, valued at $460,364.45. The trade was a 21.50% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 10,700 shares of company stock worth $96,523 over the last quarter.

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