Short Interest in MarketDesk Focused U.S. Dividend ETF (NASDAQ:FDIV) Decreases By 61.9%

MarketDesk Focused U.S. Dividend ETF (NASDAQ:FDIV) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 3,270 shares, a decrease of 61.9% from the May 31st total of 8,583 shares. Based on an average trading volume of 7,967 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

MarketDesk Focused U.S. Dividend ETF Stock Performance

NASDAQ:FDIV opened at $28.26 on Friday. MarketDesk Focused U.S. Dividend ETF has a 52 week low of $25.62 and a 52 week high of $28.79. The firm has a market cap of $85.35 million, a price-to-earnings ratio of 13.22 and a beta of 0.60. The firm’s 50-day simple moving average is $27.64 and its 200 day simple moving average is $27.63.

MarketDesk Focused U.S. Dividend ETF Company Profile

The MarketDesk Focused U.S. Dividend ETF (FDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed, investing primarily in US companies that are forecasted to raise their dividends. The fund constructs its portfolio using a quantitative dividend screening methodology with the goal of generating above-average income FDIV was launched on Sep 19, 2023 and is issued by MarketDesk.