SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Sees Large Growth in Short Interest

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 325 shares, an increase of 146.2% from the June 30th total of 132 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 846 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On SmartETFs Dividend Builder ETF

An institutional investor recently bought a new stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC bought a new position in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned about 0.82% of SmartETFs Dividend Builder ETF at the end of the most recent reporting period.

SmartETFs Dividend Builder ETF Trading Down 0.6%

Shares of SmartETFs Dividend Builder ETF stock opened at $34.01 on Thursday. SmartETFs Dividend Builder ETF has a 12-month low of $29.68 and a 12-month high of $34.20. The firm has a market capitalization of $42.85 million, a price-to-earnings ratio of 23.34 and a beta of 0.71. The firm’s 50 day simple moving average is $32.96 and its two-hundred day simple moving average is $32.31.

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.