Academy Veteran Impact ETF (NYSEARCA:VETZ) Sees Significant Growth in Short Interest

Academy Veteran Impact ETF (NYSEARCA:VETZ) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 58,706 shares, a growth of 1,086.0% from the March 31st total of 4,950 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average trading volume of 113,587 shares, the days-to-cover ratio is currently 0.5 days.

Academy Veteran Impact ETF Price Performance

Shares of NYSEARCA VETZ traded up $0.05 during midday trading on Friday, reaching $19.99. The company’s stock had a trading volume of 1,515 shares, compared to its average volume of 20,378. The stock has a 50 day simple moving average of $20.01 and a 200-day simple moving average of $20.06. Academy Veteran Impact ETF has a fifty-two week low of $19.46 and a fifty-two week high of $20.49.

Academy Veteran Impact ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Monday, March 2nd were paid a $0.0786 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, March 2nd.

About Academy Veteran Impact ETF

The Academy Veteran Impact ETF (VETZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund uses an active, bottom-up approach to invest in USD-denominated, investment grade, mortgage-backed securities issued to US service members, military veterans, their survivors, or veteran-owned businesses. VETZ was launched on Aug 1, 2023 and is issued by Academy.