Madison Dividend Value ETF (NYSEARCA:DIVL) Stock Short Interest Falls 58.7%

Madison Dividend Value ETF (NYSEARCA:DIVL) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 171 shares, a decline of 58.7% from the September 15th total of 414 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 563 shares, the short-interest ratio is currently 0.3 days.

Madison Dividend Value ETF Trading Up 0.1%

Shares of DIVL traded up $0.02 on Tuesday, reaching $25.03. The company’s stock had a trading volume of 149 shares, compared to its average volume of 2,014. Madison Dividend Value ETF has a twelve month low of $22.12 and a twelve month high of $25.95. The stock has a market capitalization of $61.32 million, a PE ratio of 21.24 and a beta of 0.54. The firm has a fifty day moving average of $25.20 and a 200-day moving average of $24.89.

Madison Dividend Value ETF Company Profile

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.