Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Declines By 45.4%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 328 shares, a decline of 45.4% from the May 14th total of 601 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,753 shares, the days-to-cover ratio is currently 0.2 days.

SmartETFs Dividend Builder ETF Stock Up 0.1%

Shares of NYSEARCA:DIVS traded up $0.03 during trading on Tuesday, hitting $33.06. The stock had a trading volume of 7,209 shares, compared to its average volume of 3,142. SmartETFs Dividend Builder ETF has a 12 month low of $29.68 and a 12 month high of $33.46. The company has a market capitalization of $41.66 million, a PE ratio of 23.34 and a beta of 0.72. The firm’s fifty day moving average is $32.33 and its 200 day moving average is $31.87.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

An institutional investor recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned 0.82% of SmartETFs Dividend Builder ETF at the end of the most recent quarter.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.