Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Large Growth in Short Interest

Kovitz Core Equity ETF (NYSEARCA:EQTY) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 23,663 shares, an increase of 158.5% from the December 31st total of 9,153 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 64,163 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 64,163 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Kovitz Core Equity ETF Stock Performance

EQTY traded down $0.14 during midday trading on Thursday, reaching $28.00. 20,993 shares of the company were exchanged, compared to its average volume of 46,321. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 27.78 and a beta of 0.99. Kovitz Core Equity ETF has a one year low of $20.40 and a one year high of $28.17. The company’s fifty day moving average price is $27.16 and its 200 day moving average price is $26.27.

Kovitz Core Equity ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 26th were issued a $0.0061 dividend. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 2.0%.

About Kovitz Core Equity ETF

The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that mostly invests in total market equity. The fund is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.