Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Expands By 1,562.2%

Altrius Global Dividend ETF (NASDAQ:DIVD) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 8,793 shares, a growth of 1,562.2% from the August 15th total of 529 shares. Based on an average daily trading volume, of 16,446 shares, the short-interest ratio is currently 0.5 days. Approximately 1.8% of the shares of the company are sold short.

Altrius Global Dividend ETF Price Performance

Shares of DIVD traded up $0.01 during trading hours on Thursday, reaching $44.06. 2,972 shares of the company’s stock traded hands, compared to its average volume of 3,530. Altrius Global Dividend ETF has a twelve month low of $36.11 and a twelve month high of $45.72. The firm has a market capitalization of $21.15 million, a price-to-earnings ratio of 14.67 and a beta of 0.64. The business’s fifty day simple moving average is $44.47 and its two-hundred day simple moving average is $42.88.

Altrius Global Dividend ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Thursday, August 27th were issued a dividend of $0.0458 per share. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 27th.

Altrius Global Dividend ETF Company Profile

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.