Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Declines By 99.4%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 2 shares, a decrease of 99.4% from the May 31st total of 328 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,394 shares, the short-interest ratio is currently 0.0 days.

SmartETFs Dividend Builder ETF Price Performance

Shares of DIVS traded down $0.09 during midday trading on Friday, hitting $32.47. The stock had a trading volume of 1,189 shares, compared to its average volume of 3,007. The firm has a market cap of $40.91 million, a price-to-earnings ratio of 23.34 and a beta of 0.72. The company has a 50 day simple moving average of $32.55 and a two-hundred day simple moving average of $31.95. SmartETFs Dividend Builder ETF has a twelve month low of $29.68 and a twelve month high of $33.46.

Institutional Investors Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC grew its position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,680 shares of the company’s stock after acquiring an additional 16,067 shares during the quarter. Flow Traders U.S. LLC owned 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent reporting period.

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.