AAM Brentview Dividend Growth ETF (NYSEARCA:BDIV) Sees Significant Increase in Short Interest

AAM Brentview Dividend Growth ETF (NYSEARCA:BDIV) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 24,365 shares, an increase of 1,083.3% from the January 15th total of 2,059 shares. Based on an average daily trading volume, of 8,679 shares, the days-to-cover ratio is currently 2.8 days. Approximately 11.6% of the shares of the company are sold short. Approximately 11.6% of the shares of the company are sold short. Based on an average daily trading volume, of 8,679 shares, the days-to-cover ratio is currently 2.8 days.

AAM Brentview Dividend Growth ETF Stock Down 0.0%

Shares of BDIV traded down $0.01 during midday trading on Tuesday, reaching $23.73. 2,894 shares of the stock were exchanged, compared to its average volume of 4,303. AAM Brentview Dividend Growth ETF has a twelve month low of $17.36 and a twelve month high of $23.85. The company has a market cap of $4.98 million, a P/E ratio of 26.07 and a beta of 0.92. The stock’s 50 day simple moving average is $23.04 and its 200 day simple moving average is $22.48.

AAM Brentview Dividend Growth ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 1.0%.

About AAM Brentview Dividend Growth ETF

The AAM Brentview Dividend Growth ETF (BDIV) is an exchange-traded fund that mostly invests in total market equity. The fund seeks current income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US-listed stocks. Companies selected for the fund are considered best positioned, based on fundamental criteria, to grow their dividend. BDIV was launched on Jul 30, 2024 and is issued by Advisors Asset Management.