Dakota Active Equity ETF (NASDAQ:DAK) Stock Short Interest Jumps 163.6%

Dakota Active Equity ETF (NASDAQ:DAK) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 58 shares, an increase of 163.6% from the September 15th total of 22 shares. Based on an average daily volume of 294 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Dakota Active Equity ETF Stock Performance

NASDAQ:DAK traded down $0.23 during trading hours on Wednesday, reaching $30.04. The stock had a trading volume of 10 shares, compared to its average volume of 380. The stock has a 50 day simple moving average of $29.96 and a 200 day simple moving average of $28.90. Dakota Active Equity ETF has a 12-month low of $24.99 and a 12-month high of $30.29.

Dakota Active Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were paid a dividend of $0.0583 per share. This represents a $0.23 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, September 28th. This is a negative change from Dakota Active Equity ETF’s previous quarterly dividend of $0.0590.

Daktronics, Inc is an electronics company that designs, manufactures and sells visual display systems and related products, with a focus on LED video displays, digital billboards, electronic scoreboards and control systems. Its product portfolio includes large-format stadium and arena video screens, ribbon displays, outdoor advertising signs, transportation message signs, and indoor digital signage solutions. The company also provides the associated electronics, software and content-management tools needed to operate and program displays for sports, commercial and transportation customers.

The company serves a diversified customer base that includes professional and collegiate sports venues, municipalities and transit agencies, retailers, advertising companies and corporations that use digital signage for branding or information delivery.