American Conservative Values ETF (NYSEARCA:ACVF) Stock Short Interest Report for September

American Conservative Values ETF (NYSEARCA:ACVF) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 614 shares, a drop of 77.2% from the September 15th total of 2,697 shares. Based on an average daily volume of 8,957 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On American Conservative Values ETF

A number of hedge funds have recently added to or reduced their stakes in ACVF. Farther Finance Advisors LLC boosted its position in American Conservative Values ETF by 4.7% during the third quarter. Farther Finance Advisors LLC now owns 19,688 shares of the company’s stock worth $1,071,000 after purchasing an additional 880 shares in the last quarter. HB Wealth Management LLC purchased a new position in shares of American Conservative Values ETF in the second quarter valued at $281,000. Western Wealth Management LLC purchased a new position in shares of American Conservative Values ETF in the first quarter valued at $111,000. RMG Wealth Management LLC acquired a new position in shares of American Conservative Values ETF during the 1st quarter worth $92,000. Finally, D.A. Davidson & CO. raised its stake in shares of American Conservative Values ETF by 3.7% during the 1st quarter. D.A. Davidson & CO. now owns 6,142 shares of the company’s stock worth $292,000 after buying an additional 220 shares during the last quarter.

American Conservative Values ETF Stock Performance

ACVF traded up $0.30 during trading on Friday, hitting $55.79. The stock had a trading volume of 9,586 shares, compared to its average volume of 6,406. American Conservative Values ETF has a twelve month low of $46.50 and a twelve month high of $56.90. The firm has a market capitalization of $156.21 million, a P/E ratio of 25.85 and a beta of 0.95. The company’s 50-day moving average price is $55.34 and its 200 day moving average price is $53.35.

American Conservative Values ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Wednesday, September 23rd were paid a dividend of $0.0557 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.4%. This is a negative change from American Conservative Values ETF’s previous quarterly dividend of $0.0673. The ex-dividend date was Wednesday, September 23rd.

American Conservative Values ETF Company Profile

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.