Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Grows By 116.6%

Altrius Global Dividend ETF (NASDAQ:DIVD) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 3,383 shares, an increase of 116.6% from the May 14th total of 1,562 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 1,257 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Altrius Global Dividend ETF stock. Altrius Capital Management Inc boosted its holdings in Altrius Global Dividend ETF (NASDAQ:DIVD) by 22.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,162 shares of the company’s stock after purchasing an additional 28,909 shares during the period. Altrius Capital Management Inc owned about 40.83% of Altrius Global Dividend ETF worth $5,979,000 as of its most recent filing with the Securities and Exchange Commission.

Altrius Global Dividend ETF Trading Up 0.7%

Shares of DIVD opened at $43.16 on Friday. The stock has a market capitalization of $17.70 million, a price-to-earnings ratio of 14.67 and a beta of 0.66. Altrius Global Dividend ETF has a 12 month low of $34.93 and a 12 month high of $43.34. The firm has a fifty day simple moving average of $42.36 and a 200 day simple moving average of $40.94.

Altrius Global Dividend ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were given a $0.1964 dividend. This is an increase from Altrius Global Dividend ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, May 28th.

About Altrius Global Dividend ETF

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.