Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Decreases By 93.3%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 97 shares, a decrease of 93.3% from the January 15th total of 1,440 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,647 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 3,647 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On SmartETFs Dividend Builder ETF

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC increased its stake in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,680 shares of the company’s stock after buying an additional 16,067 shares during the quarter. Flow Traders U.S. LLC owned about 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent quarter.

SmartETFs Dividend Builder ETF Trading Up 0.2%

Shares of SmartETFs Dividend Builder ETF stock traded up $0.05 during trading on Tuesday, reaching $33.29. The company’s stock had a trading volume of 9,885 shares, compared to its average volume of 3,040. The company has a 50-day moving average price of $31.50 and a two-hundred day moving average price of $31.18. SmartETFs Dividend Builder ETF has a fifty-two week low of $26.25 and a fifty-two week high of $33.39. The firm has a market cap of $43.28 million, a PE ratio of 23.34 and a beta of 0.71.

SmartETFs Dividend Builder ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 12th were paid a $0.427 dividend. This is a boost from SmartETFs Dividend Builder ETF’s previous quarterly dividend of $0.14. This represents a $1.71 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Friday, December 12th.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.