Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI) Short Interest Down 99.6% in December

by · The Markets Daily

Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 21 shares, a drop of 99.6% from the December 15th total of 5,353 shares. Based on an average daily volume of 984 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 984 shares, the short-interest ratio is presently 0.0 days.

Day Hagan Smart Sector Fixed Income ETF Stock Up 0.1%

Shares of NYSEARCA SSFI traded up $0.03 during trading on Wednesday, reaching $21.53. 47 shares of the company traded hands, compared to its average volume of 40,750. The firm has a 50 day simple moving average of $21.66 and a 200-day simple moving average of $21.58. Day Hagan Smart Sector Fixed Income ETF has a 52-week low of $20.64 and a 52-week high of $21.84. The stock has a market capitalization of $30.36 million, a PE ratio of 7.26 and a beta of 0.29.

Day Hagan Smart Sector Fixed Income ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a $0.2888 dividend. The ex-dividend date of this dividend was Monday, December 29th. This is a positive change from Day Hagan Smart Sector Fixed Income ETF’s previous quarterly dividend of $0.17. This represents a $1.16 dividend on an annualized basis and a dividend yield of 5.4%.

Institutional Trading of Day Hagan Smart Sector Fixed Income ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector Fixed Income ETF stock. JPMorgan Chase & Co. bought a new position in Day Hagan Smart Sector Fixed Income ETF (NYSEARCA:SSFI – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,302 shares of the company’s stock, valued at approximately $71,000. JPMorgan Chase & Co. owned approximately 0.20% of Day Hagan Smart Sector Fixed Income ETF at the end of the most recent quarter.

About Day Hagan Smart Sector Fixed Income ETF

(Get Free Report)

The Day Hagan\u002FNed Davis Research Smart Sector Fixed Income ETF (SSFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that uses a proprietary model to allocate exposure to fixed income sectors. SSFI was launched on Sep 29, 2021 and is managed by Day Hagan.

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