SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Down 45.4% in May

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 328 shares, a decrease of 45.4% from the May 14th total of 601 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,753 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently raised its stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC increased its holdings in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,680 shares of the company’s stock after purchasing an additional 16,067 shares during the period. Flow Traders U.S. LLC owned approximately 2.05% of SmartETFs Dividend Builder ETF worth $830,000 as of its most recent SEC filing.

SmartETFs Dividend Builder ETF Trading Up 0.5%

Shares of NYSEARCA:DIVS traded up $0.15 during trading on Monday, reaching $33.03. The company had a trading volume of 565 shares, compared to its average volume of 3,107. The company has a fifty day moving average of $32.33 and a two-hundred day moving average of $31.87. The stock has a market capitalization of $41.62 million, a P/E ratio of 23.34 and a beta of 0.72. SmartETFs Dividend Builder ETF has a 12 month low of $29.68 and a 12 month high of $33.46.

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.