Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Short Interest Update

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 11,223 shares, an increase of 92.4% from the July 15th total of 5,833 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 5,565 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of Cullen Enhanced Equity Income ETF

A hedge fund recently raised its stake in Cullen Enhanced Equity Income ETF stock. Cary Street Partners Financial LLC grew its stake in Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) by 262.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,565 shares of the company’s stock after purchasing an additional 22,854 shares during the quarter. Cary Street Partners Financial LLC owned approximately 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 Down 0.6%

Shares of DIVP traded down $0.18 on Monday, reaching $27.65. The company’s stock had a trading volume of 5,923 shares, compared to its average volume of 11,554. Cullen Enhanced Equity Income ETF has a twelve month low of $24.11 and a twelve month high of $28.12. The stock has a market capitalization of $57.51 million, a PE ratio of 14.21 and a beta of 0.31. The firm has a fifty day moving average of $27.24 and a 200-day moving average of $26.78.

About Cullen Enhanced Equity Income ETF

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.