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SGI Enhanced Global Income ETF (GINX) Short Interest Ratio & Short Volume

$26.18
-0.06 (-0.23%)
(As of 11/4/2024 05:18 PM ET)

SGI Enhanced Global Income ETF Short Interest Data

SGI Enhanced Global Income ETF (GINX) has a short interest of 16,700 shares. This marks a 2,285.71% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.4, indicating that it would take 2.4 days of the average trading volume of 20,465 shares to cover all short positions.

Current Short Interest
16,700 shares
Previous Short Interest
700 shares
Change Vs. Previous Month
+2,285.71%
Dollar Volume Sold Short
$450,900.00
Short Interest Ratio
2.4 Days to Cover
Last Record Date
October 15, 2024
Outstanding Shares
2,640,000 shares
Percentage of Shares Shorted
0.63%
Today's Trading Volume
8,127 shares
Average Trading Volume
20,465 shares
Today's Volume Vs. Average
40%
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GINX Short Interest Over Time

GINX Days to Cover Over Time

GINX Percentage of Float Shorted Over Time

SGI Enhanced Global Income ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/202416,700 shares $450,900.00 +2,285.7%N/A2.4 $27.00
9/30/2024700 shares $18,872.00 -90.7%N/A0.1 $26.96
9/15/20247,500 shares $198,562.50 -49.7%N/A0.8 $26.48
8/31/202414,900 shares $398,277.00 -36.9%N/A1.4 $26.73
8/15/202423,600 shares $627,524.00 +263.1%N/A2.2 $26.59
7/31/20246,500 shares $171,600.00 -47.6%N/A0.6 $26.40
7/15/202412,400 shares $335,544.00 No ChangeN/A1 $27.06

GINX Short Interest - Frequently Asked Questions

What is SGI Enhanced Global Income ETF's current short interest?

Short interest is the volume of SGI Enhanced Global Income ETF shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 16,700 shares of GINX short. Learn More on SGI Enhanced Global Income ETF's current short interest.

What is a good short interest ratio for SGI Enhanced Global Income ETF?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. GINX shares currently have a short interest ratio of 2.0. Learn More on SGI Enhanced Global Income ETF's short interest ratio.

Is SGI Enhanced Global Income ETF's short interest increasing or decreasing?

SGI Enhanced Global Income ETF saw a increase in short interest in October. As of October 15th, there was short interest totaling 16,700 shares, an increase of 2,285.7% from the previous total of 700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does SGI Enhanced Global Income ETF's short interest compare to its competitors?
Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short SGI Enhanced Global Income ETF stock?

Short selling GINX is an investing strategy that aims to generate trading profit from SGI Enhanced Global Income ETF as its price is falling. GINX shares are trading down $0.06 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against SGI Enhanced Global Income ETF?

A short squeeze for SGI Enhanced Global Income ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of GINX, which in turn drives the price of the stock up even further.

How often is SGI Enhanced Global Income ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GINX, twice per month. The most recent reporting period available is October, 15 2024.




This page (NASDAQ:GINX) was last updated on 11/5/2024 by MarketBeat.com Staff
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