SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Up 204.3% in August

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 785 shares, an increase of 204.3% from the July 30th total of 258 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,503 shares, the days-to-cover ratio is currently 0.5 days.

SmartETFs Dividend Builder ETF Trading Down 0.2%

DIVS stock traded down $0.08 during trading on Friday, hitting $34.77. 951 shares of the stock traded hands, compared to its average volume of 2,563. SmartETFs Dividend Builder ETF has a one year low of $29.68 and a one year high of $35.10. The company has a 50 day simple moving average of $33.81 and a 200 day simple moving average of $32.74. The stock has a market cap of $43.81 million, a price-to-earnings ratio of 23.34 and a beta of 0.71.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

An institutional investor recently raised its stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC lifted its holdings in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 26,680 shares of the company’s stock after purchasing an additional 16,067 shares during the period. Flow Traders U.S. LLC owned 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent reporting period.

About SmartETFs Dividend Builder ETF

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.