Altrius Global Dividend ETF (NASDAQ:DIVD) Sees Large Increase in Short Interest

Altrius Global Dividend ETF (NASDAQ:DIVD) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 8,793 shares, a growth of 1,562.2% from the August 15th total of 529 shares. Based on an average daily trading volume, of 16,446 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.8% of the shares of the stock are short sold.

Altrius Global Dividend ETF Stock Up 0.5%

NASDAQ:DIVD opened at $44.28 on Friday. The business’s 50-day moving average price is $44.47 and its 200 day moving average price is $42.88. Altrius Global Dividend ETF has a 52-week low of $36.11 and a 52-week high of $45.72. The firm has a market cap of $21.25 million, a P/E ratio of 14.67 and a beta of 0.64.

Altrius Global Dividend ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Thursday, August 27th were issued a $0.0458 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 27th.

Altrius Global Dividend ETF Company Profile

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.