Dakota Active Equity ETF (NASDAQ:DAK) Sees Significant Growth in Short Interest

Dakota Active Equity ETF (NASDAQ:DAK) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 58 shares, a growth of 163.6% from the September 15th total of 22 shares. Based on an average daily volume of 294 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Dakota Active Equity ETF Trading Down 0.1%

Shares of DAK stock traded down $0.04 during trading hours on Monday, reaching $30.25. The company’s stock had a trading volume of 9 shares, compared to its average volume of 383. Dakota Active Equity ETF has a fifty-two week low of $24.99 and a fifty-two week high of $30.29. The firm’s 50 day simple moving average is $29.93 and its 200-day simple moving average is $28.84.

Dakota Active Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.0583 per share. The ex-dividend date was Monday, September 28th. This represents a $0.23 annualized dividend and a dividend yield of 0.8%. This is a decrease from Dakota Active Equity ETF’s previous quarterly dividend of $0.0590.

Daktronics, Inc is an electronics company that designs, manufactures and sells visual display systems and related products, with a focus on LED video displays, digital billboards, electronic scoreboards and control systems. Its product portfolio includes large-format stadium and arena video screens, ribbon displays, outdoor advertising signs, transportation message signs, and indoor digital signage solutions. The company also provides the associated electronics, software and content-management tools needed to operate and program displays for sports, commercial and transportation customers.

The company serves a diversified customer base that includes professional and collegiate sports venues, municipalities and transit agencies, retailers, advertising companies and corporations that use digital signage for branding or information delivery.