Sound Equity Dividend Income ETF (NYSE:DIVY) Short Interest Update

Sound Equity Dividend Income ETF (NYSE:DIVY – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 817 shares, a growth of 166.1% from the August 31st total of 307 shares. Based on an average trading volume of 2,616 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sound Equity Dividend Income ETF stock. Hilton Head Capital Partners LLC acquired a new stake in shares of Sound Equity Dividend Income ETF (NYSE:DIVY – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,049 shares of the company’s stock, valued at approximately $29,000. Hilton Head Capital Partners LLC owned approximately 0.10% of Sound Equity Dividend Income ETF at the end of the most recent reporting period.

Sound Equity Dividend Income ETF Stock Performance

Sound Equity Dividend Income ETF stock traded down $0.12 during mid-day trading on Monday, hitting $29.51. The company’s stock had a trading volume of 1,302 shares, compared to its average volume of 2,775. The company has a 50 day moving average of $30.59 and a 200-day moving average of $29.08. The stock has a market cap of $28.03 million, a PE ratio of 15.13 and a beta of 0.66. Sound Equity Dividend Income ETF has a one year low of $24.94 and a one year high of $31.40.

Sound Equity Dividend Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.0390 per share. This represents a dividend yield of 307.0%. The ex-dividend date of this dividend was Tuesday, September 15th.

Sound Equity Dividend Income ETF Company Profile

(Get Free Report)

The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.

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