AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Stock Short Interest Climbs 61.0%

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 5,761 shares, a growth of 61.0% from the September 30th total of 3,578 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 4,770 shares, the days-to-cover ratio is presently 1.2 days.

AAM S&P 500 High Dividend Value ETF Price Performance

Shares of AAM S&P 500 High Dividend Value ETF stock traded down $0.26 on Tuesday, hitting $41.65. The company had a trading volume of 2,295 shares, compared to its average volume of 8,492. The stock has a 50-day moving average of $40.64 and a 200-day moving average of $38.99. AAM S&P 500 High Dividend Value ETF has a twelve month low of $33.10 and a twelve month high of $42.24. The firm has a market capitalization of $108.28 million, a P/E ratio of 13.65 and a beta of 0.76.

AAM S&P 500 High Dividend Value ETF Company Profile

The AAM S&P 500 High Dividend Value ETF (SPDV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-caps selected for high dividend and free-cash-flow yields. Securities are equally-weighted. SPDV was launched on Nov 28, 2017 and is managed by AAM.