Democracy International Fund ETF (NYSEARCA:DMCY) Short Interest Update

Democracy International Fund ETF (NYSEARCA:DMCY) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 3,042 shares, a decrease of 24.6% from the January 29th total of 4,035 shares. Based on an average daily volume of 13,629 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.9% of the shares of the stock are short sold. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 13,629 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC bought a new stake in Democracy International Fund ETF in the 3rd quarter valued at approximately $1,325,000. Wealth Group Ltd. acquired a new stake in shares of Democracy International Fund ETF in the fourth quarter valued at approximately $360,000. Jane Street Group LLC acquired a new stake in shares of Democracy International Fund ETF in the second quarter valued at approximately $456,000. Finally, Nia Impact Advisors LLC bought a new stake in shares of Democracy International Fund ETF in the second quarter worth $212,000.

Democracy International Fund ETF Trading Up 0.6%

Democracy International Fund ETF stock traded up $0.21 during mid-day trading on Monday, hitting $33.11. The stock had a trading volume of 11 shares, compared to its average volume of 9,962. The stock has a 50-day simple moving average of $32.37 and a two-hundred day simple moving average of $30.93. The stock has a market capitalization of $11.59 million, a PE ratio of 17.25 and a beta of 0.79. Democracy International Fund ETF has a 12 month low of $23.08 and a 12 month high of $33.23.

Democracy International Fund ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 27th. Investors of record on Thursday, January 22nd were given a $0.0104 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, January 22nd.

Democracy International Fund ETF Company Profile

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries. DMCY was launched on Mar 31, 2021 and is managed by Democracy.