Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Up 687.4% in June

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 9,212 shares, a growth of 687.4% from the June 15th total of 1,170 shares. Based on an average trading volume of 2,151 shares, the short-interest ratio is currently 4.3 days. Approximately 5.4% of the shares of the company are short sold.

Kingsbarn Dividend Opportunity ETF Trading Up 0.6%

Shares of NYSEARCA DVDN traded up $0.09 during mid-day trading on Friday, hitting $15.79. The company had a trading volume of 5,452 shares, compared to its average volume of 1,726. Kingsbarn Dividend Opportunity ETF has a 1 year low of $15.60 and a 1 year high of $23.43. The company has a market capitalization of $2.68 million, a price-to-earnings ratio of 13.40 and a beta of 0.60. The stock’s 50-day moving average price is $16.58 and its 200-day moving average price is $17.49.

About Kingsbarn Dividend Opportunity ETF

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.