SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Up 6,500.0% in June

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 132 shares, a growth of 6,500.0% from the June 15th total of 2 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,463 shares, the short-interest ratio is presently 0.1 days.

SmartETFs Dividend Builder ETF Stock Performance

Shares of SmartETFs Dividend Builder ETF stock traded up $0.18 during midday trading on Friday, reaching $33.36. 402 shares of the company’s stock traded hands, compared to its average volume of 2,860. The company has a market cap of $42.03 million, a price-to-earnings ratio of 23.34 and a beta of 0.71. The company’s 50 day simple moving average is $32.68 and its 200 day simple moving average is $32.08. SmartETFs Dividend Builder ETF has a 52 week low of $29.68 and a 52 week high of $33.46.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC acquired a new position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned 0.82% of SmartETFs Dividend Builder ETF at the end of the most recent quarter.

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.