Dakota Active Equity ETF (NASDAQ:DAK) Sees Large Drop in Short Interest

Dakota Active Equity ETF (NASDAQ:DAK) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 28 shares, a decline of 93.3% from the August 15th total of 419 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Dakota Active Equity ETF Stock Performance

NASDAQ DAK traded down $0.14 during trading hours on Thursday, hitting $29.48. 3,454 shares of the company traded hands, compared to its average volume of 396. Dakota Active Equity ETF has a twelve month low of $24.99 and a twelve month high of $30.26. The business’s 50-day moving average is $29.56 and its 200-day moving average is $28.31.

Dakota Active Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a $0.059 dividend. This is an increase from Dakota Active Equity ETF’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, June 29th.

Daktronics, Inc is an electronics company that designs, manufactures and sells visual display systems and related products, with a focus on LED video displays, digital billboards, electronic scoreboards and control systems. Its product portfolio includes large-format stadium and arena video screens, ribbon displays, outdoor advertising signs, transportation message signs, and indoor digital signage solutions. The company also provides the associated electronics, software and content-management tools needed to operate and program displays for sports, commercial and transportation customers.

The company serves a diversified customer base that includes professional and collegiate sports venues, municipalities and transit agencies, retailers, advertising companies and corporations that use digital signage for branding or information delivery.