Madison Dividend Value ETF (NYSEARCA:DIVL) Stock Short Interest Climbs 670.6%

Madison Dividend Value ETF (NYSEARCA:DIVL) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 971 shares, a growth of 670.6% from the October 15th total of 126 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,069 shares, the days-to-cover ratio is presently 0.9 days.

Madison Dividend Value ETF Stock Up 0.2%

DIVL stock opened at $26.40 on Wednesday. The company has a market capitalization of $63.89 million, a price-to-earnings ratio of 21.24 and a beta of 0.50. Madison Dividend Value ETF has a 12 month low of $22.12 and a 12 month high of $26.74. The firm has a 50 day moving average of $25.34 and a two-hundred day moving average of $24.98.

About Madison Dividend Value ETF

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.