SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Short Interest Up 343.7% in August

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 10,436 shares, a growth of 343.7% from the August 15th total of 2,352 shares. Based on an average trading volume of 5,707 shares, the short-interest ratio is currently 1.8 days. Approximately 0.4% of the shares of the stock are sold short.

SmartETFs Asia Pacific Dividend Builder ETF Stock Performance

SmartETFs Asia Pacific Dividend Builder ETF stock traded up $0.17 during midday trading on Friday, reaching $19.89. The company’s stock had a trading volume of 1,585 shares, compared to its average volume of 13,703. SmartETFs Asia Pacific Dividend Builder ETF has a fifty-two week low of $17.23 and a fifty-two week high of $20.36. The stock’s 50 day simple moving average is $19.58 and its 200 day simple moving average is $18.94. The firm has a market capitalization of $55.69 million, a PE ratio of 12.72 and a beta of 0.63.

SmartETFs Asia Pacific Dividend Builder ETF Company Profile

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.