Madison Dividend Value ETF (NYSEARCA:DIVL) Sees Significant Growth in Short Interest

Madison Dividend Value ETF (NYSEARCA:DIVL – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 971 shares, an increase of 670.6% from the October 15th total of 126 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,069 shares, the days-to-cover ratio is presently 0.9 days.

Madison Dividend Value ETF Price Performance

Shares of Madison Dividend Value ETF stock opened at $26.40 on Wednesday. Madison Dividend Value ETF has a 52-week low of $22.12 and a 52-week high of $26.74. The firm has a market capitalization of $63.89 million, a PE ratio of 21.24 and a beta of 0.50. The company’s fifty day moving average price is $25.34 and its two-hundred day moving average price is $24.98.

Madison Dividend Value ETF Company Profile

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The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.

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