SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Update

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 540 shares, a growth of 155.9% from the February 26th total of 211 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,531 shares, the days-to-cover ratio is presently 0.2 days.

SmartETFs Dividend Builder ETF Stock Down 0.8%

Shares of SmartETFs Dividend Builder ETF stock traded down $0.25 during trading on Friday, reaching $29.75. The company’s stock had a trading volume of 2,749 shares, compared to its average volume of 3,579. SmartETFs Dividend Builder ETF has a 52-week low of $26.25 and a 52-week high of $33.46. The company has a market cap of $38.68 million, a price-to-earnings ratio of 23.34 and a beta of 0.71. The firm’s 50-day moving average is $32.06 and its two-hundred day moving average is $31.47.

Institutional Trading of SmartETFs Dividend Builder ETF

A hedge fund recently raised its stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC boosted its stake in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,680 shares of the company’s stock after acquiring an additional 16,067 shares during the period. Flow Traders U.S. LLC owned 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent reporting period.

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.