Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Expands By 1,562.2%

Altrius Global Dividend ETF (NASDAQ:DIVD) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 8,793 shares, a growth of 1,562.2% from the August 15th total of 529 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average trading volume of 16,446 shares, the days-to-cover ratio is currently 0.5 days.

Altrius Global Dividend ETF Price Performance

NASDAQ DIVD traded up $0.13 during trading hours on Friday, hitting $44.18. The company had a trading volume of 2,766 shares, compared to its average volume of 3,525. The firm’s 50 day moving average is $44.49 and its 200 day moving average is $42.89. Altrius Global Dividend ETF has a fifty-two week low of $36.11 and a fifty-two week high of $45.72. The company has a market capitalization of $21.21 million, a price-to-earnings ratio of 14.67 and a beta of 0.64.

Altrius Global Dividend ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Thursday, August 27th were issued a dividend of $0.0458 per share. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 27th.

Altrius Global Dividend ETF Company Profile

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.