Sparkline Intangible Value ETF (NYSEARCA:ITAN) Stock Short Interest Report for September

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 6,918 shares, a decrease of 39.7% from the September 15th total of 11,476 shares. Based on an average daily volume of 6,488 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are short sold.

Sparkline Intangible Value ETF Stock Performance

Shares of NYSEARCA ITAN traded down $0.64 during mid-day trading on Friday, reaching $44.13. The company’s stock had a trading volume of 7,904 shares, compared to its average volume of 9,275. The stock has a market capitalization of $123.56 million, a P/E ratio of 16.94 and a beta of 1.08. Sparkline Intangible Value ETF has a 1-year low of $34.22 and a 1-year high of $45.18. The stock has a 50-day moving average of $44.42 and a two-hundred day moving average of $41.96.

Sparkline Intangible Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.1402 per share. The ex-dividend date was Monday, September 28th. This is a positive change from Sparkline Intangible Value ETF’s previous quarterly dividend of $0.1045. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%.

About Sparkline Intangible Value ETF

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.