Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Declines By 36.0%

Altrius Global Dividend ETF (NASDAQ:DIVD) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,779 shares, a drop of 36.0% from the June 30th total of 2,778 shares. Based on an average daily volume of 3,520 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of Altrius Global Dividend ETF

A hedge fund recently raised its position in Altrius Global Dividend ETF stock. Altrius Capital Management Inc boosted its position in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) by 22.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 155,162 shares of the company’s stock after purchasing an additional 28,909 shares during the quarter. Altrius Capital Management Inc owned 40.83% of Altrius Global Dividend ETF worth $5,979,000 as of its most recent SEC filing.

Altrius Global Dividend ETF Stock Down 0.5%

NASDAQ DIVD traded down $0.24 on Thursday, reaching $44.57. The company had a trading volume of 417 shares, compared to its average volume of 2,447. The stock’s 50 day moving average is $43.04 and its 200-day moving average is $42.05. The stock has a market cap of $21.39 million, a price-to-earnings ratio of 14.67 and a beta of 0.66. Altrius Global Dividend ETF has a 52 week low of $34.93 and a 52 week high of $44.99.

Altrius Global Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a dividend of $0.0847 per share. The ex-dividend date was Monday, June 29th.

About Altrius Global Dividend ETF

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.