Academy Veteran Impact ETF (NYSEARCA:VETZ) Sees Large Decline in Short Interest

Academy Veteran Impact ETF (NYSEARCA:VETZ) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 4,165 shares, a decline of 92.9% from the April 15th total of 58,706 shares. Based on an average trading volume of 2,776 shares, the short-interest ratio is currently 1.5 days. Approximately 0.1% of the company’s stock are short sold.

Academy Veteran Impact ETF Price Performance

Shares of NYSEARCA VETZ traded down $0.01 on Wednesday, reaching $19.75. 51,643 shares of the company’s stock traded hands, compared to its average volume of 22,228. The business’s 50 day simple moving average is $19.94 and its two-hundred day simple moving average is $20.04. Academy Veteran Impact ETF has a 12 month low of $19.46 and a 12 month high of $20.49.

Academy Veteran Impact ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Monday, March 2nd were given a dividend of $0.0786 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Monday, March 2nd.

About Academy Veteran Impact ETF

The Academy Veteran Impact ETF (VETZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund uses an active, bottom-up approach to invest in USD-denominated, investment grade, mortgage-backed securities issued to US service members, military veterans, their survivors, or veteran-owned businesses. VETZ was launched on Aug 1, 2023 and is issued by Academy.