SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Short Interest Up 171.0% in August

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,352 shares, a growth of 171.0% from the July 30th total of 868 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,878 shares, the days-to-cover ratio is currently 0.6 days.

SmartETFs Asia Pacific Dividend Builder ETF Stock Down 0.2%

ADIV stock opened at $19.99 on Friday. The stock has a market capitalization of $55.97 million, a PE ratio of 12.72 and a beta of 0.62. SmartETFs Asia Pacific Dividend Builder ETF has a 52 week low of $17.23 and a 52 week high of $20.08. The firm has a 50 day moving average of $19.31 and a 200 day moving average of $18.86.

About SmartETFs Asia Pacific Dividend Builder ETF

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.