Altrius Global Dividend ETF (NASDAQ:DIVD) Sees Significant Drop in Short Interest

Altrius Global Dividend ETF (NASDAQ:DIVDGet Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,562 shares, a decrease of 78.8% from the April 30th total of 7,356 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 2,975 shares, the short-interest ratio is presently 0.5 days.

Altrius Global Dividend ETF Price Performance

NASDAQ:DIVD traded down $0.06 during trading hours on Friday, reaching $42.61. 702 shares of the company were exchanged, compared to its average volume of 2,288. The firm has a market cap of $17.47 million, a price-to-earnings ratio of 14.67 and a beta of 0.68. Altrius Global Dividend ETF has a 52-week low of $34.56 and a 52-week high of $43.34. The stock has a 50 day simple moving average of $41.91 and a 200 day simple moving average of $40.56.

Altrius Global Dividend ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 28th will be paid a $0.1964 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This is an increase from Altrius Global Dividend ETF’s previous dividend of $0.16.

Institutional Trading of Altrius Global Dividend ETF

An institutional investor recently raised its position in Altrius Global Dividend ETF stock. Altrius Capital Management Inc boosted its holdings in Altrius Global Dividend ETF (NASDAQ:DIVDFree Report) by 10.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 126,253 shares of the company’s stock after buying an additional 12,202 shares during the period. Altrius Capital Management Inc owned approximately 37.13% of Altrius Global Dividend ETF worth $4,656,000 at the end of the most recent reporting period.

Altrius Global Dividend ETF Company Profile

(Get Free Report)

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.

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