SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Short Interest Update

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,896 shares, an increase of 1,911.1% from the May 14th total of 144 shares. Based on an average trading volume of 5,271 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

SmartETFs Asia Pacific Dividend Builder ETF Stock Performance

NYSEARCA ADIV opened at $18.88 on Thursday. The stock has a 50 day moving average price of $18.70 and a 200-day moving average price of $18.49. SmartETFs Asia Pacific Dividend Builder ETF has a one year low of $17.00 and a one year high of $19.74. The company has a market capitalization of $54.75 million, a P/E ratio of 12.72 and a beta of 0.62.

SmartETFs Asia Pacific Dividend Builder ETF Company Profile

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.