American Conservative Values ETF (NYSEARCA:ACVF) Shares Shorted: Short Interest Up 68.9% in October

American Conservative Values ETF (NYSEARCA:ACVF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,037 shares, a growth of 68.9% from the September 30th total of 614 shares. Based on an average daily trading volume, of 6,531 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

American Conservative Values ETF Price Performance

Shares of American Conservative Values ETF stock opened at $54.74 on Tuesday. The firm has a market cap of $153.27 million, a P/E ratio of 25.85 and a beta of 0.95. American Conservative Values ETF has a fifty-two week low of $46.50 and a fifty-two week high of $56.90. The firm has a 50 day simple moving average of $55.09 and a 200 day simple moving average of $52.67.

American Conservative Values ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Wednesday, September 23rd were given a dividend of $0.0557 per share. This represents a $0.22 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, September 23rd. This is a drop from American Conservative Values ETF’s previous quarterly dividend of $0.0673.

Institutional Trading of American Conservative Values ETF

A number of institutional investors and hedge funds have recently modified their holdings of ACVF. D.A. Davidson & CO. lifted its holdings in shares of American Conservative Values ETF by 3.7% during the 1st quarter. D.A. Davidson & CO. now owns 6,142 shares of the company’s stock valued at $292,000 after purchasing an additional 220 shares in the last quarter. Ascentis Independent Advisors increased its position in shares of American Conservative Values ETF by 4.2% in the first quarter. Ascentis Independent Advisors now owns 6,588 shares of the company’s stock valued at $314,000 after acquiring an additional 264 shares during the last quarter. McCollum Christoferson Group LLC raised its stake in shares of American Conservative Values ETF by 3.9% during the 3rd quarter. McCollum Christoferson Group LLC now owns 10,455 shares of the company’s stock worth $569,000 after purchasing an additional 395 shares in the last quarter. Community Financial Services Group LLC bought a new stake in American Conservative Values ETF during the third quarter worth $31,000. Finally, Farther Finance Advisors LLC lifted its stake in American Conservative Values ETF by 4.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 19,688 shares of the company’s stock valued at $1,071,000 after purchasing an additional 880 shares during the last quarter.

American Conservative Values ETF Company Profile

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.