Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Declines By 36.8%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 496 shares, a drop of 36.8% from the August 15th total of 785 shares. Based on an average trading volume of 1,340 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

SmartETFs Dividend Builder ETF Stock Performance

Shares of NYSEARCA:DIVS traded up $0.25 during midday trading on Thursday, hitting $33.67. 66 shares of the company’s stock traded hands, compared to its average volume of 2,475. The firm’s fifty day moving average price is $34.16 and its two-hundred day moving average price is $32.83. SmartETFs Dividend Builder ETF has a twelve month low of $29.68 and a twelve month high of $35.10. The company has a market cap of $67.31 million, a PE ratio of 23.34 and a beta of 0.71.

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.