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

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 376 shares, an increase of 111.2% from the April 15th total of 178 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,799 shares, the days-to-cover ratio is presently 0.2 days.

SmartETFs Dividend Builder ETF Stock Performance

Shares of NYSEARCA DIVS opened at $32.26 on Friday. SmartETFs Dividend Builder ETF has a 52-week low of $29.68 and a 52-week high of $33.46. The firm has a market capitalization of $40.65 million, a price-to-earnings ratio of 23.34 and a beta of 0.73. The stock has a 50 day moving average price of $31.54 and a 200 day moving average price of $31.60.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC increased its position in shares of 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 and Exchange Commission. The firm owned 26,680 shares of the company’s stock after buying an additional 16,067 shares during the period. Flow Traders U.S. LLC owned about 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent quarter.

SmartETFs Dividend Builder ETF Company Profile

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.