AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Short Interest Update

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 19,641 shares, an increase of 79.5% from the May 14th total of 10,944 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,217 shares, the short-interest ratio is currently 2.4 days.

AAM S&P 500 High Dividend Value ETF Stock Performance

NYSEARCA:SPDV traded up $0.03 during mid-day trading on Monday, hitting $39.70. 5,681 shares of the company’s stock traded hands, compared to its average volume of 8,013. AAM S&P 500 High Dividend Value ETF has a 1 year low of $31.87 and a 1 year high of $39.77. The company has a market cap of $93.30 million, a PE ratio of 13.65 and a beta of 0.74. The firm’s 50 day simple moving average is $38.12 and its 200 day simple moving average is $37.01.

Hedge Funds Weigh In On AAM S&P 500 High Dividend Value ETF

A hedge fund recently raised its stake in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. boosted its stake in shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,743 shares of the company’s stock after purchasing an additional 2,073 shares during the period. JPMorgan Chase & Co. owned approximately 0.13% of AAM S&P 500 High Dividend Value ETF worth $89,000 at the end of the most recent reporting period.

About AAM S&P 500 High Dividend Value ETF

The AAM S&P 500 High Dividend Value ETF (SPDV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-caps selected for high dividend and free-cash-flow yields. Securities are equally-weighted. SPDV was launched on Nov 28, 2017 and is managed by AAM.