Sound Equity Dividend Income ETF (NYSE:DIVY) Stock Short Interest Report for October

Sound Equity Dividend Income ETF (NYSE:DIVY) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 461 shares, a decrease of 35.3% from the September 30th total of 713 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,426 shares, the days-to-cover ratio is currently 0.2 days.

Sound Equity Dividend Income ETF Stock Performance

DIVY stock opened at $31.58 on Monday. The business’s 50-day moving average is $30.39 and its two-hundred day moving average is $29.05. The company has a market cap of $30.00 million, a price-to-earnings ratio of 15.13 and a beta of 0.67. Sound Equity Dividend Income ETF has a fifty-two week low of $24.94 and a fifty-two week high of $31.75.

Sound Equity Dividend Income ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were issued a $0.0390 dividend. The ex-dividend date was Thursday, October 29th. This represents a dividend yield of 298.0%.

About Sound Equity Dividend Income ETF

The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.