AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Shares Shorted: Short Interest Down 73.8% in September

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,578 shares, a drop of 73.8% from the September 15th total of 13,642 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 10,634 shares, the days-to-cover ratio is currently 0.3 days.

AAM S&P 500 High Dividend Value ETF Trading Up 0.3%

Shares of SPDV traded up $0.12 during midday trading on Monday, reaching $39.26. 5,255 shares of the stock were exchanged, compared to its average volume of 8,693. The company has a market capitalization of $101.29 million, a P/E ratio of 13.65 and a beta of 0.76. AAM S&P 500 High Dividend Value ETF has a 52 week low of $33.10 and a 52 week high of $42.24. The company’s 50 day moving average is $40.69 and its two-hundred day moving average is $39.30.

AAM S&P 500 High Dividend Value ETF Company Profile

The AAM S&P 500 High Dividend Value ETF (SPDV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-caps selected for high dividend and free-cash-flow yields. Securities are equally-weighted. SPDV was launched on Nov 28, 2017 and is managed by AAM.