Sparkline Intangible Value ETF (NYSEARCA:ITAN) Stock Short Interest Report for October

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,169 shares, a decrease of 54.2% from the September 30th total of 6,918 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,995 shares, the days-to-cover ratio is presently 0.3 days.

Sparkline Intangible Value ETF Price Performance

Shares of NYSEARCA:ITAN traded down $0.72 on Friday, hitting $44.79. The company’s stock had a trading volume of 12,556 shares, compared to its average volume of 9,374. The company has a 50-day simple moving average of $44.51 and a 200 day simple moving average of $40.96. Sparkline Intangible Value ETF has a 1 year low of $34.22 and a 1 year high of $45.54. The company has a market capitalization of $122.28 million, a PE ratio of 16.94 and a beta of 1.08.

Sparkline Intangible Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.1402 per share. The ex-dividend date was Monday, September 28th. This is a positive change from Sparkline Intangible Value ETF’s previous quarterly dividend of $0.1045. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%.

Institutional Investors Weigh In On Sparkline Intangible Value ETF

An institutional investor recently bought a new stake in Sparkline Intangible Value ETF stock. Accordant Advisory Group Inc acquired a new position in Sparkline Intangible Value ETF (NYSEARCA:ITAN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 35,750 shares of the company’s stock, valued at approximately $1,558,000. Sparkline Intangible Value ETF makes up 1.0% of Accordant Advisory Group Inc’s investment portfolio, making the stock its 25th biggest holding. Accordant Advisory Group Inc owned 1.31% of Sparkline Intangible Value ETF at the end of the most recent quarter.

About Sparkline Intangible Value ETF

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.