SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Up 111.2% in April

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 376 shares, a growth of 111.2% from the April 15th total of 178 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,799 shares, the short-interest ratio is presently 0.2 days.

SmartETFs Dividend Builder ETF Stock Performance

DIVS traded up $0.23 during mid-day trading on Monday, reaching $32.49. The stock had a trading volume of 270 shares, compared to its average volume of 3,299. The stock has a market capitalization of $40.94 million, a P/E ratio of 23.34 and a beta of 0.73. The firm’s fifty day simple moving average is $31.54 and its two-hundred day simple moving average is $31.60. SmartETFs Dividend Builder ETF has a 52 week low of $29.68 and a 52 week high of $33.46.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC boosted its stake in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,680 shares of the company’s stock after purchasing an additional 16,067 shares during the quarter. Flow Traders U.S. LLC owned about 2.05% of SmartETFs Dividend Builder ETF worth $830,000 as of its most recent SEC filing.

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.