iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) Short Interest Down 71.6% in August

iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 7,993 shares, a drop of 71.6% from the August 15th total of 28,121 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 13,889 shares, the short-interest ratio is currently 0.6 days.

iMGP Berkshire Dividend Growth ETF Stock Up 1.5%

NYSEARCA BDVG traded up $0.22 during midday trading on Friday, hitting $15.16. The company had a trading volume of 1,049 shares, compared to its average volume of 9,421. The firm has a fifty day simple moving average of $14.92 and a two-hundred day simple moving average of $14.14. iMGP Berkshire Dividend Growth ETF has a fifty-two week low of $12.43 and a fifty-two week high of $16.64. The stock has a market cap of $18.95 million, a price-to-earnings ratio of 18.66 and a beta of 0.68.

iMGP Berkshire Dividend Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.0575 dividend. The ex-dividend date was Monday, June 29th. This is a boost from iMGP Berkshire Dividend Growth ETF’s previous quarterly dividend of $0.04. This represents a $0.23 annualized dividend and a dividend yield of 1.5%.

iMGP Berkshire Dividend Growth ETF Company Profile

The IMGP Berkshire Dividend Growth ETF (BDVG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US large-cap companies with high, stable, and growing dividends. BDVG was launched on Jun 30, 2023 and is managed by iMGP.