Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Increases By 204.3%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 785 shares, an increase of 204.3% from the July 30th total of 258 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,503 shares, the days-to-cover ratio is currently 0.5 days.

SmartETFs Dividend Builder ETF Price Performance

Shares of SmartETFs Dividend Builder ETF stock traded down $0.10 during trading on Thursday, hitting $34.85. The company’s stock had a trading volume of 2,883 shares, compared to its average volume of 2,574. The stock has a market cap of $43.91 million, a price-to-earnings ratio of 23.34 and a beta of 0.71. The stock has a 50-day moving average price of $33.77 and a two-hundred day moving average price of $32.73. SmartETFs Dividend Builder ETF has a 52 week low of $29.68 and a 52 week high of $35.10.

Institutional Investors Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC grew its position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,680 shares of the company’s stock after acquiring an additional 16,067 shares during the quarter. Flow Traders U.S. LLC owned 2.05% of SmartETFs Dividend Builder ETF worth $830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About SmartETFs Dividend Builder ETF

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.