SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Sees Large Drop in Short Interest

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 713 shares, a decrease of 93.2% from the August 31st total of 10,436 shares. Based on an average trading volume of 6,244 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

SmartETFs Asia Pacific Dividend Builder ETF Trading Up 0.2%

SmartETFs Asia Pacific Dividend Builder ETF stock traded up $0.04 during midday trading on Friday, reaching $19.48. 832 shares of the stock traded hands, compared to its average volume of 13,109. The firm has a market cap of $54.54 million, a PE ratio of 12.72 and a beta of 0.63. The company has a 50-day simple moving average of $19.71 and a two-hundred day simple moving average of $19.00. SmartETFs Asia Pacific Dividend Builder ETF has a 12-month low of $17.23 and a 12-month high of $20.36.

SmartETFs Asia Pacific Dividend Builder ETF Company Profile

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.