Eventide High Dividend ETF (NYSEARCA:ELCV) Short Interest Update

Eventide High Dividend ETF (NYSEARCA:ELCV) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 73,940 shares, a growth of 52.2% from the July 15th total of 48,594 shares. Based on an average trading volume of 52,395 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.9% of the company’s shares are short sold.

Eventide High Dividend ETF Stock Performance

Shares of NYSEARCA ELCV opened at $32.43 on Wednesday. The firm has a 50 day moving average price of $32.07 and a two-hundred day moving average price of $30.67. The stock has a market cap of $259.44 million, a P/E ratio of 22.31 and a beta of 0.66. Eventide High Dividend ETF has a 52-week low of $25.88 and a 52-week high of $33.19.

Institutional Trading of Eventide High Dividend ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in Eventide High Dividend ETF by 66.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 60,993 shares of the company’s stock worth $1,769,000 after buying an additional 24,443 shares during the period. AdvisorNet Financial Inc bought a new stake in shares of Eventide High Dividend ETF in the 1st quarter valued at about $31,000. Bare Financial Services Inc increased its stake in shares of Eventide High Dividend ETF by 20.2% in the fourth quarter. Bare Financial Services Inc now owns 414,551 shares of the company’s stock valued at $11,002,000 after buying an additional 69,623 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of Eventide High Dividend ETF by 4.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 562,555 shares of the company’s stock valued at $14,930,000 after buying an additional 23,699 shares during the period. Finally, AIFG Consultants Ltd. raised its position in shares of Eventide High Dividend ETF by 14.7% during the fourth quarter. AIFG Consultants Ltd. now owns 30,181 shares of the company’s stock worth $801,000 after acquiring an additional 3,872 shares during the last quarter.

Eventide High Dividend ETF Company Profile

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.