Madison Dividend Value ETF (NYSEARCA:DIVL) Shares Shorted: Short Interest Down 58.7% in September

Madison Dividend Value ETF (NYSEARCA:DIVL) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 171 shares, a drop of 58.7% from the September 15th total of 414 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 563 shares, the days-to-cover ratio is presently 0.3 days.

Madison Dividend Value ETF Stock Performance

NYSEARCA:DIVL traded up $0.19 during trading hours on Wednesday, reaching $25.22. The stock had a trading volume of 55 shares, compared to its average volume of 2,004. Madison Dividend Value ETF has a 52 week low of $22.12 and a 52 week high of $25.95. The company has a 50 day moving average price of $25.19 and a two-hundred day moving average price of $24.89. The stock has a market capitalization of $61.03 million, a PE ratio of 21.24 and a beta of 0.54.

Madison Dividend Value ETF Company Profile

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.