Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Down 56.1% in July

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 5,119 shares, a decline of 56.1% from the July 15th total of 11,658 shares. Approximately 3.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,060 shares, the days-to-cover ratio is presently 2.5 days.

Kingsbarn Dividend Opportunity ETF Trading Down 0.3%

NYSEARCA:DVDN traded down $0.04 on Friday, hitting $15.74. The company’s stock had a trading volume of 347 shares, compared to its average volume of 1,706. The stock has a fifty day moving average of $15.98 and a two-hundred day moving average of $16.89. The firm has a market capitalization of $2.68 million, a P/E ratio of 13.40 and a beta of 0.61. Kingsbarn Dividend Opportunity ETF has a one year low of $15.25 and a one year high of $23.43.

About Kingsbarn Dividend Opportunity ETF

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.