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

Altrius Global Dividend ETF (NASDAQ:DIVD) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 529 shares, a growth of 2,304.5% from the July 30th total of 22 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,484 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Altrius Global Dividend ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. RB Capital Management LLC purchased a new stake in Altrius Global Dividend ETF during the 2nd quarter valued at $316,000. Concorde Asset Management LLC bought a new stake in shares of Altrius Global Dividend ETF in the 2nd quarter worth $132,000. Centaurus Financial Inc. purchased a new position in shares of Altrius Global Dividend ETF in the second quarter worth $118,000. Capstone Investment Advisors LLC purchased a new position in shares of Altrius Global Dividend ETF in the second quarter worth $3,169,000. Finally, Bank of America Corp DE bought a new position in shares of Altrius Global Dividend ETF during the second quarter valued at $4,664,000.

Altrius Global Dividend ETF Trading Down 0.2%

Altrius Global Dividend ETF stock traded down $0.07 on Tuesday, hitting $45.63. 12,586 shares of the stock traded hands, compared to its average volume of 2,834. Altrius Global Dividend ETF has a 1 year low of $36.11 and a 1 year high of $45.72. The firm has a market cap of $21.90 million, a P/E ratio of 14.67 and a beta of 0.65. The business’s fifty day simple moving average is $43.94 and its 200 day simple moving average is $42.67.

Altrius Global Dividend ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were given a dividend of $0.0985 per share. This is a positive change from Altrius Global Dividend ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Thursday, July 30th.

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.