SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Sees Large Growth in Short Interest

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 284 shares, a growth of 192.8% from the January 29th total of 97 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,218 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 3,218 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC bought a new position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned 0.82% of SmartETFs Dividend Builder ETF as of its most recent SEC filing.

SmartETFs Dividend Builder ETF Price Performance

SmartETFs Dividend Builder ETF stock traded up $0.23 during mid-day trading on Friday, reaching $33.46. 864 shares of the company traded hands, compared to its average volume of 4,068. The firm’s fifty day moving average is $32.03 and its two-hundred day moving average is $31.42. The company has a market capitalization of $43.50 million, a price-to-earnings ratio of 23.34 and a beta of 0.71. SmartETFs Dividend Builder ETF has a fifty-two week low of $26.25 and a fifty-two week high of $33.46.

SmartETFs Dividend Builder ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 12th were given a dividend of $0.427 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.71 dividend on an annualized basis and a yield of 5.1%. This is an increase from SmartETFs Dividend Builder ETF’s previous quarterly dividend of $0.14.

About SmartETFs Dividend Builder ETF

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.