Altrius Global Dividend ETF (NASDAQ:DIVD) Sees Large Growth in Short Interest

Altrius Global Dividend ETF (NASDAQ:DIVD) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 529 shares, a growth of 2,304.5% from the July 30th total of 22 shares. Based on an average daily volume of 1,484 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Altrius Global Dividend ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Centaurus Financial Inc. purchased a new stake in shares of Altrius Global Dividend ETF during the second quarter valued at approximately $118,000. Concorde Asset Management LLC purchased a new stake in Altrius Global Dividend ETF during the 2nd quarter valued at $132,000. Altrius Capital Management Inc boosted its stake in Altrius Global Dividend ETF by 22.9% during the 4th quarter. Altrius Capital Management Inc now owns 155,162 shares of the company’s stock valued at $5,979,000 after purchasing an additional 28,909 shares during the last quarter. RB Capital Management LLC bought a new stake in shares of Altrius Global Dividend ETF in the 2nd quarter worth $316,000. Finally, Capstone Investment Advisors LLC purchased a new position in shares of Altrius Global Dividend ETF in the second quarter worth $3,169,000.

Altrius Global Dividend ETF Stock Down 0.4%

Altrius Global Dividend ETF stock opened at $45.46 on Thursday. The company has a market capitalization of $23.64 million, a P/E ratio of 14.67 and a beta of 0.65. The stock’s 50 day moving average is $43.98 and its 200 day moving average is $42.70. Altrius Global Dividend ETF has a twelve month low of $36.11 and a twelve month high of $45.72.

Altrius Global Dividend ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were given a $0.0985 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This is a boost from Altrius Global Dividend ETF’s previous dividend of $0.08.

Altrius Global Dividend ETF Company Profile

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.