SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Down 36.8% in August

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 496 shares, a decline of 36.8% from the August 15th total of 785 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,340 shares, the days-to-cover ratio is currently 0.4 days.

SmartETFs Dividend Builder ETF Price Performance

Shares of NYSEARCA:DIVS opened at $33.59 on Wednesday. The business’s fifty day moving average price is $34.16 and its two-hundred day moving average price is $32.83. SmartETFs Dividend Builder ETF has a fifty-two week low of $29.68 and a fifty-two week high of $35.10. The stock has a market capitalization of $42.32 million, a price-to-earnings ratio of 23.34 and a beta of 0.71.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.