Altrius Global Dividend ETF (NASDAQ:DIVD) Short Interest Up 204.5% in April

Altrius Global Dividend ETF (NASDAQ:DIVD) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 7,356 shares, a growth of 204.5% from the April 15th total of 2,416 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily volume of 3,139 shares, the short-interest ratio is currently 2.3 days.

Institutional Investors Weigh In On Altrius Global Dividend ETF

A hedge fund recently raised its stake in Altrius Global Dividend ETF stock. Altrius Capital Management Inc boosted its holdings in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) by 10.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 126,253 shares of the company’s stock after buying an additional 12,202 shares during the quarter. Altrius Capital Management Inc owned 37.13% of Altrius Global Dividend ETF worth $4,656,000 as of its most recent SEC filing.

Altrius Global Dividend ETF Price Performance

Shares of NASDAQ:DIVD traded down $0.24 during mid-day trading on Friday, reaching $42.15. 2,481 shares of the company were exchanged, compared to its average volume of 2,393. The firm has a market cap of $17.28 million, a price-to-earnings ratio of 14.67 and a beta of 0.68. The firm’s 50-day simple moving average is $41.55 and its 200 day simple moving average is $40.15. Altrius Global Dividend ETF has a 1 year low of $34.44 and a 1 year high of $42.86.

Altrius Global Dividend ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 29th were issued a dividend of $0.1624 per share. This is a boost from Altrius Global Dividend ETF’s previous dividend of $0.10. The ex-dividend date was Wednesday, April 29th.

About Altrius Global Dividend ETF

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.