SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Sees Significant Increase in Short Interest

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 2,352 shares, a growth of 171.0% from the July 30th total of 868 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 3,878 shares, the short-interest ratio is presently 0.6 days.

SmartETFs Asia Pacific Dividend Builder ETF Stock Performance

Shares of ADIV traded down $0.04 during midday trading on Friday, hitting $19.99. The company had a trading volume of 1,416 shares, compared to its average volume of 14,090. SmartETFs Asia Pacific Dividend Builder ETF has a 1 year low of $17.23 and a 1 year high of $20.08. The firm has a market capitalization of $55.97 million, a P/E ratio of 12.72 and a beta of 0.62. The company’s 50-day simple moving average is $19.31 and its 200-day simple moving average is $18.86.

About SmartETFs Asia Pacific Dividend Builder ETF

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.