Short Interest in Democracy International Fund ETF (NYSEARCA:DMCY) Declines By 24.6%

Democracy International Fund ETF (NYSEARCA:DMCY) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 3,042 shares, a decline of 24.6% from the January 29th total of 4,035 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 13,629 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 13,629 shares, the short-interest ratio is currently 0.2 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Investors Weigh In On Democracy International Fund ETF

Several hedge funds have recently bought and sold shares of DMCY. Nia Impact Advisors LLC acquired a new stake in Democracy International Fund ETF in the second quarter valued at approximately $212,000. Jane Street Group LLC acquired a new stake in shares of Democracy International Fund ETF during the 2nd quarter worth about $456,000. Concurrent Investment Advisors LLC purchased a new stake in Democracy International Fund ETF in the third quarter valued at approximately $1,325,000. Finally, Wealth Group Ltd. purchased a new stake in Democracy International Fund ETF during the fourth quarter worth about $360,000.

Democracy International Fund ETF Stock Up 0.6%

Shares of NYSEARCA DMCY traded up $0.21 during mid-day trading on Wednesday, reaching $33.11. 11 shares of the company were exchanged, compared to its average volume of 9,962. The firm has a 50-day moving average of $32.44 and a 200 day moving average of $30.99. Democracy International Fund ETF has a 1 year low of $23.08 and a 1 year high of $33.23. The stock has a market cap of $11.59 million, a price-to-earnings ratio of 17.25 and a beta of 0.79.

Democracy International Fund ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 27th. Stockholders of record on Thursday, January 22nd were paid a dividend of $0.0104 per share. The ex-dividend date was Thursday, January 22nd. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%.

Democracy International Fund ETF Company Profile

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries. DMCY was launched on Mar 31, 2021 and is managed by Democracy.