Affinity World Leaders Equity ETF (BATS:WLDR) Stock Short Interest Drops 99.3%

Affinity World Leaders Equity ETF (BATS:WLDR) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 5,583 shares, a decrease of 99.3% from the September 15th total of 839,283 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 57,806 shares, the short-interest ratio is currently 0.1 days.

Affinity World Leaders Equity ETF Trading Up 0.1%

Shares of WLDR traded up $0.03 during mid-day trading on Friday, hitting $46.96. 17,917 shares of the company traded hands, compared to its average volume of 19,756. The stock has a market capitalization of $58.70 million, a price-to-earnings ratio of 16.51 and a beta of 0.95. The business has a 50-day moving average of $47.50 and a 200 day moving average of $44.55. Affinity World Leaders Equity ETF has a one year low of $34.65 and a one year high of $49.14.

Affinity World Leaders Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 18th were paid a dividend of $0.0899 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. This is a drop from Affinity World Leaders Equity ETF’s previous quarterly dividend of $0.1926. The ex-dividend date of this dividend was Friday, September 18th.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Affinity World Leaders Equity ETF stock. Cetera Investment Advisers grew its stake in Affinity World Leaders Equity ETF (BATS:WLDR) by 27.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,790 shares of the company’s stock after buying an additional 2,300 shares during the quarter. Cetera Investment Advisers owned 0.86% of Affinity World Leaders Equity ETF worth $401,000 at the end of the most recent reporting period.

Affinity World Leaders Equity ETF Company Profile

The Affinity World Leaders Equity ETF (WLDR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of multi-factor-selected securities from the developed markets, weighted in accordance with a proprietary risk model. WLDR was launched on Jan 17, 2018 and is managed by Affinity.