Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Decreases By 99.4%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 2 shares, a decline of 99.4% from the May 31st total of 328 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,394 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of SmartETFs Dividend Builder ETF

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

SmartETFs Dividend Builder ETF Stock Performance

NYSEARCA:DIVS remained flat at $32.56 during trading hours on Friday. 1,433 shares of the company’s stock traded hands, compared to its average volume of 3,023. The firm has a 50 day moving average price of $32.54 and a 200 day moving average price of $31.94. The stock has a market cap of $41.03 million, a P/E ratio of 23.34 and a beta of 0.72. SmartETFs Dividend Builder ETF has a 1 year low of $29.68 and a 1 year high of $33.46.

SmartETFs Dividend Builder ETF Company Profile

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.