Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Update

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 5,119 shares, a decrease of 56.1% from the July 15th total of 11,658 shares. Currently, 3.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,060 shares, the short-interest ratio is currently 2.5 days.

Kingsbarn Dividend Opportunity ETF Price Performance

NYSEARCA DVDN traded down $0.08 on Monday, hitting $15.66. 286 shares of the company were exchanged, compared to its average volume of 1,697. Kingsbarn Dividend Opportunity ETF has a twelve month low of $15.25 and a twelve month high of $23.43. The firm has a market capitalization of $2.66 million, a P/E ratio of 13.40 and a beta of 0.61. The company’s 50 day moving average price is $15.98 and its 200-day moving average price is $16.87.

About Kingsbarn Dividend Opportunity ETF

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.