SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Sees Significant Decline in Short Interest

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 211 shares, a decline of 25.7% from the February 12th total of 284 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,896 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 7,896 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

SmartETFs Dividend Builder ETF Price Performance

DIVS stock traded down $0.16 during trading on Friday, reaching $30.98. The company had a trading volume of 5,621 shares, compared to its average volume of 3,945. SmartETFs Dividend Builder ETF has a 52 week low of $26.25 and a 52 week high of $33.46. The business has a 50 day moving average of $32.22 and a 200 day moving average of $31.50. The company has a market cap of $40.27 million, a P/E ratio of 23.34 and a beta of 0.71.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC bought a new stake in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned 0.82% of SmartETFs Dividend Builder ETF as of its most recent SEC filing.

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.