Affinity World Leaders Equity ETF (BATS:WLDR) Stock Short Interest Jumps 3,659.9%

Affinity World Leaders Equity ETF (BATS:WLDR) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 839,283 shares, a growth of 3,659.9% from the August 31st total of 22,322 shares. Based on an average daily trading volume, of 104,115 shares, the days-to-cover ratio is currently 8.1 days. Approximately 67.1% of the shares of the company are short sold.

Affinity World Leaders Equity ETF Trading Down 0.7%

BATS:WLDR traded down $0.33 during trading hours on Thursday, reaching $47.41. The company had a trading volume of 14,704 shares, compared to its average volume of 19,955. The firm has a market cap of $59.26 million, a price-to-earnings ratio of 16.51 and a beta of 0.95. The firm’s 50 day moving average price is $47.03 and its 200-day moving average price is $43.83. Affinity World Leaders Equity ETF has a 52 week low of $34.65 and a 52 week high of $49.14.

Affinity World Leaders Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 18th will be issued a $0.0899 dividend. The ex-dividend date of this dividend is Friday, September 18th. This is a negative change from Affinity World Leaders Equity ETF’s previous quarterly dividend of $0.1926. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%.

Institutional Investors Weigh In On Affinity World Leaders Equity ETF

A hedge fund recently raised its position in Affinity World Leaders Equity ETF stock. Cetera Investment Advisers grew its stake in Affinity World Leaders Equity ETF (BATS:WLDR) by 27.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,790 shares of the company’s stock after buying an additional 2,300 shares during the quarter. Cetera Investment Advisers owned approximately 0.86% of Affinity World Leaders Equity ETF worth $401,000 as of its most recent SEC filing.

About Affinity World Leaders Equity ETF

The Affinity World Leaders Equity ETF (WLDR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of multi-factor-selected securities from the developed markets, weighted in accordance with a proprietary risk model. WLDR was launched on Jan 17, 2018 and is managed by Affinity.