Short Interest in iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) Decreases By 42.7%

iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 16,911 shares, a decline of 42.7% from the April 30th total of 29,493 shares. Approximately 2.4% of the company’s shares are short sold. Based on an average trading volume of 5,677 shares, the days-to-cover ratio is presently 3.0 days.

iMGP Berkshire Dividend Growth ETF Price Performance

Shares of NYSEARCA:BDVG traded up $0.05 during mid-day trading on Thursday, hitting $14.50. The company had a trading volume of 445 shares, compared to its average volume of 3,878. The firm has a fifty day moving average price of $13.58 and a 200 day moving average price of $13.28. The company has a market capitalization of $10.15 million, a PE ratio of 18.66 and a beta of 0.68. iMGP Berkshire Dividend Growth ETF has a one year low of $11.73 and a one year high of $14.50.

About iMGP Berkshire Dividend Growth ETF

The IMGP Berkshire Dividend Growth ETF (BDVG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US large-cap companies with high, stable, and growing dividends. BDVG was launched on Jun 30, 2023 and is managed by iMGP.