iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) Sees Significant Decline in Short Interest

iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 248 shares, a decline of 97.4% from the October 15th total of 9,652 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 6,475 shares, the days-to-cover ratio is currently 0.0 days.

iMGP Berkshire Dividend Growth ETF Stock Down 0.1%

Shares of iMGP Berkshire Dividend Growth ETF stock traded down $0.01 during trading on Tuesday, reaching $15.18. The company’s stock had a trading volume of 9,522 shares, compared to its average volume of 8,651. iMGP Berkshire Dividend Growth ETF has a 52-week low of $12.43 and a 52-week high of $16.64. The company has a market cap of $23.53 million, a price-to-earnings ratio of 19.65 and a beta of 0.66. The firm’s 50-day moving average is $15.05 and its two-hundred day moving average is $14.26.

iMGP Berkshire Dividend Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.0426 dividend. This represents a $0.17 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, September 29th. This is a drop from iMGP Berkshire Dividend Growth ETF’s previous quarterly dividend of $0.0575.

About iMGP Berkshire Dividend Growth ETF

The IMGP Berkshire Dividend Growth ETF (BDVG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US large-cap companies with high, stable, and growing dividends. BDVG was launched on Jun 30, 2023 and is managed by iMGP.