SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Up 6,500.0% in June

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 132 shares, an increase of 6,500.0% from the June 15th total of 2 shares. Based on an average trading volume of 1,463 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of SmartETFs Dividend Builder ETF

A hedge fund recently raised its stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC raised its holdings in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,680 shares of the company’s stock after buying an additional 16,067 shares during the period. Flow Traders U.S. LLC owned about 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent reporting period.

SmartETFs Dividend Builder ETF Trading Up 0.5%

Shares of DIVS stock traded up $0.18 during trading hours on Friday, reaching $33.36. 402 shares of the stock were exchanged, compared to its average volume of 2,860. SmartETFs Dividend Builder ETF has a 12-month low of $29.68 and a 12-month high of $33.46. The company’s 50-day moving average price is $32.70 and its 200-day moving average price is $32.09. The firm has a market capitalization of $42.03 million, a price-to-earnings ratio of 23.34 and a beta of 0.71.

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.