SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 257,142 shares, a growth of 174.5% from the August 31st total of 93,673 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 372,279 shares, the days-to-cover ratio is currently 0.7 days.
SP Funds S&P 500 Sharia Industry Exclusions ETF Stock Down 0.5%
Shares of SP Funds S&P 500 Sharia Industry Exclusions ETF stock opened at $59.72 on Tuesday. The stock’s fifty day moving average is $58.36 and its 200-day moving average is $55.77. The firm has a market capitalization of $3.25 billion, a PE ratio of 30.44 and a beta of 1.09. SP Funds S&P 500 Sharia Industry Exclusions ETF has a 12-month low of $46.43 and a 12-month high of $60.30.
SP Funds S&P 500 Sharia Industry Exclusions ETF Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Tuesday, September 29th. Investors of record on Monday, September 28th will be paid a $0.0260 dividend. The ex-dividend date of this dividend is Monday, September 28th. This represents a $0.31 dividend on an annualized basis and a yield of 0.5%.
Institutional Trading of SP Funds S&P 500 Sharia Industry Exclusions ETF
About SP Funds S&P 500 Sharia Industry Exclusions ETF
The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that is based on the S&P 500 Shariah Industry Exclusions index. The fund tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant. SPUS was launched on Dec 18, 2019 and is managed by SP Funds.
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