Short Interest in Dakota Active Equity ETF (NASDAQ:DAK) Expands By 974.4%

Dakota Active Equity ETF (NASDAQ:DAK) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 419 shares, a growth of 974.4% from the July 30th total of 39 shares. Based on an average trading volume of 227 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.0% of the shares of the stock are short sold.

Dakota Active Equity ETF Price Performance

Shares of NASDAQ DAK remained flat at $29.98 during midday trading on Wednesday. 776 shares of the stock were exchanged, compared to its average volume of 239. The stock’s 50-day simple moving average is $29.32 and its 200 day simple moving average is $28.06. Dakota Active Equity ETF has a 1-year low of $24.99 and a 1-year high of $30.26.

Dakota Active Equity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were paid a dividend of $0.059 per share. The ex-dividend date of this dividend was Monday, June 29th. This is a boost from Dakota Active Equity ETF’s previous dividend of $0.05.

Daktronics, Inc is an electronics company that designs, manufactures and sells visual display systems and related products, with a focus on LED video displays, digital billboards, electronic scoreboards and control systems. Its product portfolio includes large-format stadium and arena video screens, ribbon displays, outdoor advertising signs, transportation message signs, and indoor digital signage solutions. The company also provides the associated electronics, software and content-management tools needed to operate and program displays for sports, commercial and transportation customers.

The company serves a diversified customer base that includes professional and collegiate sports venues, municipalities and transit agencies, retailers, advertising companies and corporations that use digital signage for branding or information delivery.