Essential 40 Stock ETF (NASDAQ:ESN) Short Interest Update

Essential 40 Stock ETF (NASDAQ:ESN) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 10,105 shares, a growth of 70.0% from the November 30th total of 5,945 shares. Based on an average daily volume of 38,725 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 38,725 shares, the days-to-cover ratio is currently 0.3 days.

Essential 40 Stock ETF Stock Performance

ESN stock traded up $0.03 during mid-day trading on Tuesday, reaching $17.29. The company had a trading volume of 696 shares, compared to its average volume of 40,437. The company has a market capitalization of $180.85 million, a price-to-earnings ratio of 19.18 and a beta of 0.79. The firm has a fifty day simple moving average of $17.16 and a 200 day simple moving average of $16.70. Essential 40 Stock ETF has a fifty-two week low of $13.53 and a fifty-two week high of $17.55.

Essential 40 Stock ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 11th were given a $0.156 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This represents a dividend yield of 91.0%.

About Essential 40 Stock ETF

The Essential 40 Stock ETF (ESN) is an exchange-traded fund that is based on the Essential 40 Stock index. The fund attempts to track an index of 40 US blue-chip stocks that are deemed essential to the US economy by the index provider. Holdings are equally weighted in the index ESN was launched on Jun 11, 2014 and is issued by KKM Financial.