Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Stock Short Interest Declines 56.2%

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 21,248 shares, a drop of 56.2% from the August 31st total of 48,559 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average trading volume of 24,151 shares, the days-to-cover ratio is currently 0.9 days.

Xtrackers Semiconductor Select Equity ETF Stock Down 2.5%

CHPS stock traded down $2.29 during mid-day trading on Monday, reaching $88.00. 7,418 shares of the stock traded hands, compared to its average volume of 30,357. Xtrackers Semiconductor Select Equity ETF has a 52 week low of $39.72 and a 52 week high of $107.97. The business has a 50-day moving average of $83.65 and a two-hundred day moving average of $80.08. The firm has a market capitalization of $122.31 million, a PE ratio of 27.07 and a beta of 2.21.

Xtrackers Semiconductor Select Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 18th were given a dividend of $0.0994 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. This is a boost from Xtrackers Semiconductor Select Equity ETF’s previous quarterly dividend of $0.0681.

About Xtrackers Semiconductor Select Equity ETF

The Xtrackers Semiconductor Select Equity ETF (CHPS) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the companies involved semiconductor industry globally. The index screens securities based on various ESG criteria provided by Sustainalytics. CHPS was launched on Jul 13, 2023 and is issued by Xtrackers.