Eventide High Dividend ETF (NYSEARCA:ELCV) Short Interest Update

Eventide High Dividend ETF (NYSEARCA:ELCV) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 38,557 shares, a drop of 70.0% from the June 15th total of 128,633 shares. Based on an average daily trading volume, of 48,077 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the company’s stock are short sold.

Eventide High Dividend ETF Trading Up 0.3%

Eventide High Dividend ETF stock traded up $0.09 during trading hours on Friday, hitting $32.28. 29,262 shares of the stock traded hands, compared to its average volume of 47,769. Eventide High Dividend ETF has a one year low of $25.46 and a one year high of $33.19. The firm’s 50-day moving average price is $31.80 and its two-hundred day moving average price is $29.81. The company has a market cap of $255.01 million, a PE ratio of 22.31 and a beta of 0.63.

Institutional Investors Weigh In On Eventide High Dividend ETF

Hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of Eventide High Dividend ETF by 66.9% during the first quarter. EverSource Wealth Advisors LLC now owns 60,993 shares of the company’s stock valued at $1,769,000 after purchasing an additional 24,443 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Eventide High Dividend ETF in the 1st quarter worth approximately $31,000. Bare Financial Services Inc boosted its position in shares of Eventide High Dividend ETF by 20.2% in the 4th quarter. Bare Financial Services Inc now owns 414,551 shares of the company’s stock worth $11,002,000 after purchasing an additional 69,623 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Eventide High Dividend ETF by 4.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 562,555 shares of the company’s stock worth $14,930,000 after buying an additional 23,699 shares during the last quarter. Finally, AIFG Consultants Ltd. grew its stake in shares of Eventide High Dividend ETF by 14.7% in the 4th quarter. AIFG Consultants Ltd. now owns 30,181 shares of the company’s stock worth $801,000 after buying an additional 3,872 shares during the last quarter.

Eventide High Dividend ETF Company Profile

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.