Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Sees Significant Increase in Short Interest

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 20,071 shares, a growth of 370.9% from the December 31st total of 4,262 shares. Based on an average daily volume of 38,093 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 38,093 shares, the days-to-cover ratio is currently 0.5 days.

Bahl & Gaynor Income Growth ETF Price Performance

Bahl & Gaynor Income Growth ETF stock opened at $33.37 on Wednesday. Bahl & Gaynor Income Growth ETF has a fifty-two week low of $26.13 and a fifty-two week high of $33.41. The firm’s 50 day simple moving average is $32.59 and its 200-day simple moving average is $31.95. The company has a market cap of $412.12 million, a P/E ratio of 22.85 and a beta of 0.62.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.