Essential 40 Stock ETF (NASDAQ:ESN) Short Interest Down 38.5% in January

Essential 40 Stock ETF (NASDAQ:ESN) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 53,230 shares, a decrease of 38.5% from the December 31st total of 86,505 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 55,708 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 55,708 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the shares of the company are short sold.

Essential 40 Stock ETF Stock Down 0.7%

NASDAQ:ESN traded down $0.13 on Friday, reaching $17.86. 65,135 shares of the company’s stock traded hands, compared to its average volume of 61,422. The firm has a market cap of $202.71 million, a PE ratio of 19.18 and a beta of 0.79. The stock has a 50-day simple moving average of $17.44 and a 200-day simple moving average of $16.99. Essential 40 Stock ETF has a 12 month low of $13.53 and a 12 month high of $18.52.

Essential 40 Stock ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 11th were given a $0.156 dividend. This represents a yield of 91.0%. The ex-dividend date was Thursday, December 11th.

About Essential 40 Stock ETF

The Essential 40 Stock ETF (ESN) is an exchange-traded fund that is based on the Essential 40 Stock index. The fund attempts to track an index of 40 US blue-chip stocks that are deemed essential to the US economy by the index provider. Holdings are equally weighted in the index ESN was launched on Jun 11, 2014 and is issued by KKM Financial.