Eventide High Dividend ETF (NYSEARCA:ELCV) Short Interest Update

Eventide High Dividend ETF (NYSEARCA:ELCV) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 73,940 shares, a growth of 52.2% from the July 15th total of 48,594 shares. Based on an average daily volume of 52,395 shares, the short-interest ratio is currently 1.4 days. Currently, 0.9% of the company’s shares are sold short.

Eventide High Dividend ETF Stock Down 0.2%

Shares of Eventide High Dividend ETF stock traded down $0.05 during trading on Tuesday, reaching $32.43. 12,862 shares of the company were exchanged, compared to its average volume of 46,665. The business has a 50-day moving average price of $32.05 and a 200-day moving average price of $30.64. The firm has a market capitalization of $259.44 million, a price-to-earnings ratio of 22.31 and a beta of 0.66. Eventide High Dividend ETF has a twelve month low of $25.81 and a twelve month high of $33.19.

Hedge Funds Weigh In On Eventide High Dividend ETF

Several institutional investors have recently modified their holdings of ELCV. Creative Financial Designs Inc. ADV increased its stake in shares of Eventide High Dividend ETF by 4.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 562,555 shares of the company’s stock valued at $14,930,000 after acquiring an additional 23,699 shares during the last quarter. Bare Financial Services Inc boosted its stake in Eventide High Dividend ETF by 20.2% during the 4th quarter. Bare Financial Services Inc now owns 414,551 shares of the company’s stock worth $11,002,000 after acquiring an additional 69,623 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Eventide High Dividend ETF by 66.9% during the first quarter. EverSource Wealth Advisors LLC now owns 60,993 shares of the company’s stock valued at $1,769,000 after purchasing an additional 24,443 shares during the period. 49 Wealth Management LLC grew its holdings in Eventide High Dividend ETF by 4.6% during the fourth quarter. 49 Wealth Management LLC now owns 41,726 shares of the company’s stock valued at $1,107,000 after purchasing an additional 1,841 shares during the period. Finally, AIFG Consultants Ltd. increased its stake in Eventide High Dividend ETF by 14.7% in the fourth quarter. AIFG Consultants Ltd. now owns 30,181 shares of the company’s stock valued at $801,000 after purchasing an additional 3,872 shares in the last quarter.

Eventide High Dividend ETF Company Profile

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.