SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Stock Short Interest Rises 428.4%

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,567 shares, a growth of 428.4% from the September 30th total of 675 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,116 shares, the short-interest ratio is currently 0.5 days.

SmartETFs Asia Pacific Dividend Builder ETF Stock Performance

Shares of ADIV stock opened at $19.28 on Tuesday. SmartETFs Asia Pacific Dividend Builder ETF has a one year low of $17.23 and a one year high of $20.36. The company has a 50 day moving average price of $19.66 and a 200 day moving average price of $18.98. The firm has a market capitalization of $53.98 million, a price-to-earnings ratio of 12.72 and a beta of 0.62.

About SmartETFs Asia Pacific Dividend Builder ETF

(Get Free Report)

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.

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