Madison Dividend Value ETF (NYSEARCA:DIVL) Short Interest Down 98.2% in December

Madison Dividend Value ETF (NYSEARCA:DIVL) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 246 shares, a decline of 98.2% from the December 15th total of 13,298 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 848 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 848 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Madison Dividend Value ETF

A hedge fund recently bought a new stake in Madison Dividend Value ETF stock. Focus Partners Wealth purchased a new stake in Madison Dividend Value ETF (NYSEARCA:DIVL) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,269 shares of the company’s stock, valued at approximately $247,000. Focus Partners Wealth owned approximately 0.42% of Madison Dividend Value ETF as of its most recent SEC filing.

Madison Dividend Value ETF Stock Up 0.0%

Madison Dividend Value ETF stock traded up $0.01 during midday trading on Monday, reaching $23.74. The company’s stock had a trading volume of 115 shares, compared to its average volume of 1,574. Madison Dividend Value ETF has a fifty-two week low of $19.43 and a fifty-two week high of $23.74. The company has a market cap of $62.91 million, a P/E ratio of 21.24 and a beta of 0.70. The business has a 50-day simple moving average of $22.96 and a 200-day simple moving average of $22.84.

About Madison Dividend Value ETF

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. DIVL was launched on Aug 14, 2023 and is issued by Madison.