Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Declines By 93.3%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 97 shares, a decrease of 93.3% from the January 15th total of 1,440 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,647 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 3,647 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of SmartETFs Dividend Builder ETF

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC lifted its position in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,680 shares of the company’s stock after purchasing an additional 16,067 shares during the quarter. Flow Traders U.S. LLC owned approximately 2.05% of SmartETFs Dividend Builder ETF worth $830,000 at the end of the most recent quarter.

SmartETFs Dividend Builder ETF Stock Performance

DIVS stock traded up $0.05 during midday trading on Tuesday, reaching $33.29. 9,885 shares of the company were exchanged, compared to its average volume of 3,040. The company has a market cap of $43.28 million, a price-to-earnings ratio of 23.34 and a beta of 0.71. SmartETFs Dividend Builder ETF has a 1-year low of $26.25 and a 1-year high of $33.39. The stock’s 50-day simple moving average is $31.50 and its 200 day simple moving average is $31.18.

SmartETFs Dividend Builder ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 12th were given a $0.427 dividend. This represents a $1.71 dividend on an annualized basis and a yield of 5.1%. This is a boost from SmartETFs Dividend Builder ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 12th.

About SmartETFs Dividend Builder ETF

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.