Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Short Interest Update

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 6,378 shares, a drop of 64.9% from the May 14th total of 18,193 shares. Based on an average daily trading volume, of 9,191 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

Cullen Enhanced Equity Income ETF Trading Up 0.6%

DIVP opened at $27.20 on Friday. Cullen Enhanced Equity Income ETF has a 12-month low of $24.11 and a 12-month high of $27.65. The firm has a market capitalization of $49.78 million, a PE ratio of 14.21 and a beta of 0.33. The firm has a 50 day moving average of $26.49 and a two-hundred day moving average of $26.23.

Hedge Funds Weigh In On Cullen Enhanced Equity Income ETF

A hedge fund recently raised its stake in Cullen Enhanced Equity Income ETF stock. Cary Street Partners Financial LLC boosted its holdings in shares of Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) by 262.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,565 shares of the company’s stock after buying an additional 22,854 shares during the quarter. Cary Street Partners Financial LLC owned 1.91% of Cullen Enhanced Equity Income ETF worth $801,000 at the end of the most recent reporting period.

About Cullen Enhanced Equity Income ETF

The Cullen Enhanced Equity Income ETF (DIVP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in large- and mid-cap US stocks with high-dividend value characteristics, while also employing covered call strategy for additional income. DIVP was launched on Mar 6, 2024 and is issued by Cullen.