MarketDesk Focused U.S. Dividend ETF (NASDAQ:FDIV) Short Interest Update

MarketDesk Focused U.S. Dividend ETF (NASDAQ:FDIV) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 818 shares, a drop of 75.0% from the June 15th total of 3,270 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,334 shares, the short-interest ratio is currently 0.1 days.

MarketDesk Focused U.S. Dividend ETF Stock Up 0.8%

NASDAQ FDIV traded up $0.21 during trading on Friday, hitting $27.94. The stock had a trading volume of 12,314 shares, compared to its average volume of 13,027. The company has a market capitalization of $72.64 million, a PE ratio of 13.22 and a beta of 0.58. The firm has a 50 day moving average price of $27.63 and a 200 day moving average price of $27.67. MarketDesk Focused U.S. Dividend ETF has a twelve month low of $25.62 and a twelve month high of $28.79.

MarketDesk Focused U.S. Dividend ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.1382 dividend. The ex-dividend date was Monday, June 29th. This represents a $0.55 dividend on an annualized basis and a yield of 2.0%.

MarketDesk Focused U.S. Dividend ETF Company Profile

The MarketDesk Focused U.S. Dividend ETF (FDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed, investing primarily in US companies that are forecasted to raise their dividends. The fund constructs its portfolio using a quantitative dividend screening methodology with the goal of generating above-average income FDIV was launched on Sep 19, 2023 and is issued by MarketDesk.