Short Interest in Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Rises By 647.2%

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDNGet Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,833 shares, an increase of 647.2% from the March 31st total of 513 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average trading volume of 2,207 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Investors Weigh In On Kingsbarn Dividend Opportunity ETF

An institutional investor recently raised its position in Kingsbarn Dividend Opportunity ETF stock. Brookwood Investment Group LLC grew its holdings in Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDNFree Report) by 38.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,070 shares of the company’s stock after acquiring an additional 4,772 shares during the quarter. Brookwood Investment Group LLC owned 10.04% of Kingsbarn Dividend Opportunity ETF worth $369,000 as of its most recent SEC filing.

Kingsbarn Dividend Opportunity ETF Stock Up 1.5%

Shares of Kingsbarn Dividend Opportunity ETF stock traded up $0.25 during trading on Friday, reaching $17.43. The company’s stock had a trading volume of 1,533 shares, compared to its average volume of 1,706. The business’s 50-day moving average price is $17.30 and its 200-day moving average price is $18.74. The firm has a market cap of $2.96 million, a PE ratio of 13.40 and a beta of 0.60. Kingsbarn Dividend Opportunity ETF has a 52 week low of $16.28 and a 52 week high of $23.51.

Kingsbarn Dividend Opportunity ETF Company Profile

(Get Free Report)

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.

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