Madison Dividend Value ETF (NYSEARCA:DIVL) Short Interest Update

Madison Dividend Value ETF (NYSEARCA:DIVL) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 3,300 shares, adropof48.4% from the July 15th total of 6,400 shares. Currently,0.1% of the shares of the company are short sold. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 0.6 days. Currently,0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Madison Dividend Value ETF stock. Focus Partners Wealth acquired a new stake in Madison Dividend Value ETF (NYSEARCA:DIVL) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,269 shares of the company’s stock, valued at approximately $247,000. Focus Partners Wealth owned about 0.42% of Madison Dividend Value ETF at the end of the most recent reporting period.

Madison Dividend Value ETF Trading Up 0.4%

Shares of DIVL opened at $22.79 on Wednesday. Madison Dividend Value ETF has a 12 month low of $19.43 and a 12 month high of $22.83. The firm’s 50 day moving average is $22.38 and its 200-day moving average is $21.80. The stock has a market capitalization of $60.39 million, a PE ratio of 21.24 and a beta of 0.69.

Madison Dividend Value ETF Company Profile

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued.