Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Short Interest Up 92.4% in July

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 11,223 shares, an increase of 92.4% from the July 15th total of 5,833 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 5,565 shares, the days-to-cover ratio is presently 2.0 days.

Hedge Funds Weigh In On Cullen Enhanced Equity Income ETF

An institutional investor recently raised its position in Cullen Enhanced Equity Income ETF stock. Cary Street Partners Financial LLC raised its holdings in shares of Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) by 262.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,565 shares of the company’s stock after acquiring an additional 22,854 shares during the period. Cary Street Partners Financial LLC owned approximately 1.91% of Cullen Enhanced Equity Income ETF worth $801,000 at the end of the most recent quarter.

Cullen Enhanced Equity Income ETF Stock Performance

Shares of DIVP stock opened at $27.65 on Tuesday. Cullen Enhanced Equity Income ETF has a fifty-two week low of $24.11 and a fifty-two week high of $28.12. The firm has a market capitalization of $57.51 million, a PE ratio of 14.21 and a beta of 0.31. The stock’s 50-day simple moving average is $27.26 and its 200-day simple moving average is $26.79.

Cullen Enhanced Equity Income ETF Company Profile

The Cullen Enhanced Equity Income ETF (DIVP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in large- and mid-cap US stocks with high-dividend value characteristics, while also employing covered call strategy for additional income. DIVP was launched on Mar 6, 2024 and is issued by Cullen.