Is ETFMG Sit Ultra Short ETF stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, ETFMG Sit Ultra Short ETF pays dividends. Last time was Thursday 6th of July 2023 where the investors holding the stock on Tuesday 1st of August 2023 were paid $0.241 per share. Over the last 32 times between 2020 and 2023, ETFMG Sit Ultra Short ETF has paid $2.3558 with an average of $0.07 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for ETFMG Sit Ultra Short ETF 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $50.06, you would have made a loss of $-1.540 per share or -3.08%
Yes, the average daily trading liquidity for ETFMG Sit Ultra Short ETF is $173 951 thousand. You should therefore be able to get in and out of your positions relatively fast.
ETFMG Sit Ultra Short ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for ETFMG Sit Ultra Short ETF to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.