SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Update

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 785 shares, a growth of 204.3% from the July 30th total of 258 shares. Based on an average daily trading volume, of 1,503 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

SmartETFs Dividend Builder ETF Stock Down 0.2%

DIVS traded down $0.08 during midday trading on Friday, hitting $34.77. 951 shares of the company traded hands, compared to its average volume of 2,563. The firm has a market capitalization of $43.81 million, a PE ratio of 23.34 and a beta of 0.71. The company’s 50-day moving average is $33.85 and its 200 day moving average is $32.76. SmartETFs Dividend Builder ETF has a 52 week low of $29.68 and a 52 week high of $35.10.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC bought a new position in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 quarter.

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.