Democratic Large Cap Core ETF (NASDAQ:DEMZ) Short Interest Update

Democratic Large Cap Core ETF (NASDAQ:DEMZ) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 17,300 shares, a growth of 39.5% from the November 30th total of 12,400 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is presently 4.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. bought a new stake in Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $206,000. Wedbush Securities Inc. owned approximately 0.57% of Democratic Large Cap Core ETF as of its most recent SEC filing.

Democratic Large Cap Core ETF Trading Down 1.1 %

NASDAQ:DEMZ traded down $0.41 during mid-day trading on Monday, reaching $36.20. 6,247 shares of the stock were exchanged, compared to its average volume of 2,746. The business has a fifty day moving average price of $36.64 and a 200 day moving average price of $35.49. Democratic Large Cap Core ETF has a 1-year low of $28.55 and a 1-year high of $37.97. The firm has a market capitalization of $39.10 million, a PE ratio of 32.64 and a beta of 1.04.

Democratic Large Cap Core ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th will be paid a dividend of $0.1917 per share. The ex-dividend date of this dividend is Monday, December 30th.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.