Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Short Interest Update

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 12,788 shares, a growth of 164.5% from the June 15th total of 4,835 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 7,663 shares, the days-to-cover ratio is currently 1.7 days.

Cullen Enhanced Equity Income ETF Trading Up 0.1%

NYSEARCA DIVP traded up $0.02 during trading hours on Wednesday, reaching $26.85. The company had a trading volume of 5,171 shares, compared to its average volume of 12,561. The stock has a 50-day moving average of $26.82 and a 200 day moving average of $26.50. Cullen Enhanced Equity Income ETF has a 1-year low of $24.11 and a 1-year high of $27.65. The stock has a market capitalization of $55.04 million, a P/E ratio of 14.21 and a beta of 0.32.

Institutional Investors Weigh In On Cullen Enhanced Equity Income ETF

An institutional investor recently raised its position in Cullen Enhanced Equity Income ETF stock. Cary Street Partners Financial LLC increased its stake in shares of Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) by 262.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 31,565 shares of the company’s stock after purchasing an additional 22,854 shares during the period. Cary Street Partners Financial LLC owned approximately 1.91% of Cullen Enhanced Equity Income ETF worth $801,000 at the end of the most recent reporting period.

About Cullen Enhanced Equity Income ETF

The Cullen Enhanced Equity Income ETF (DIVP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in large- and mid-cap US stocks with high-dividend value characteristics, while also employing covered call strategy for additional income. DIVP was launched on Mar 6, 2024 and is issued by Cullen.