Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Sees Large Growth in Short Interest

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 11,880 shares, a growth of 132.9% from the April 30th total of 5,100 shares. Based on an average daily trading volume, of 34,558 shares, the short-interest ratio is presently 0.3 days. Approximately 1.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Xtrackers Semiconductor Select Equity ETF

An institutional investor recently raised its position in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC increased its position in Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,801 shares of the company’s stock after purchasing an additional 13,660 shares during the period. Cornerstone Planning Group LLC owned 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 at the end of the most recent reporting period.

Xtrackers Semiconductor Select Equity ETF Stock Up 0.3%

Shares of CHPS traded up $0.31 during mid-day trading on Monday, hitting $92.33. 76,493 shares of the company’s stock traded hands, compared to its average volume of 24,375. The firm has a market capitalization of $83.10 million, a P/E ratio of 27.07 and a beta of 2.12. The business’s 50-day moving average price is $70.01 and its 200-day moving average price is $57.91. Xtrackers Semiconductor Select Equity ETF has a 1 year low of $30.06 and a 1 year high of $94.65.

Xtrackers Semiconductor Select Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 20th were paid a $0.0543 dividend. This represents a $0.22 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, March 20th.

Xtrackers Semiconductor Select Equity ETF Company Profile

The Xtrackers Semiconductor Select Equity ETF (CHPS) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the companies involved semiconductor industry globally. The index screens securities based on various ESG criteria provided by Sustainalytics. CHPS was launched on Jul 13, 2023 and is issued by Xtrackers.