AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Shares Shorted: Short Interest Up 61.0% in October

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 5,761 shares, a growth of 61.0% from the September 30th total of 3,578 shares. Based on an average daily volume of 4,770 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the shares of the stock are sold short.

AAM S&P 500 High Dividend Value ETF Stock Up 0.5%

NYSEARCA SPDV traded up $0.22 during mid-day trading on Monday, hitting $41.98. The stock had a trading volume of 1,657 shares, compared to its average volume of 8,517. The company has a 50 day simple moving average of $40.64 and a 200 day simple moving average of $38.96. The company has a market cap of $109.15 million, a price-to-earnings ratio of 13.65 and a beta of 0.76. AAM S&P 500 High Dividend Value ETF has a 52-week low of $33.10 and a 52-week high of $42.24.

AAM S&P 500 High Dividend Value ETF Company Profile

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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.

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