Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Short Interest Down 54.4% in July

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 5,833 shares, a decrease of 54.4% from the June 30th total of 12,788 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 5,358 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Cullen Enhanced Equity Income ETF

A hedge fund recently raised its position in Cullen Enhanced Equity Income ETF stock. Cary Street Partners Financial LLC boosted its position in shares of Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) by 262.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,565 shares of the company’s stock after purchasing an additional 22,854 shares during the period. Cary Street Partners Financial LLC owned about 1.91% of Cullen Enhanced Equity Income ETF worth $801,000 at the end of the most recent reporting period.

Cullen Enhanced Equity Income ETF Trading Up 1.0%

Shares of DIVP stock traded up $0.28 during trading hours on Tuesday, hitting $27.99. 4,970 shares of the company were exchanged, compared to its average volume of 12,083. The business has a 50 day moving average of $27.01 and a two-hundred day moving average of $26.62. Cullen Enhanced Equity Income ETF has a 52 week low of $24.11 and a 52 week high of $28.12. The company has a market capitalization of $57.38 million, a PE ratio of 14.21 and a beta of 0.32.

Cullen Enhanced Equity Income ETF Company Profile

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.