Short Interest in SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Increases By 76.5%

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 6,000 shares, a growth of 76.5% from the May 15th total of 3,400 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the shares of the stock are sold short.

SmartETFs Asia Pacific Dividend Builder ETF Trading Up 1.0%

Shares of SmartETFs Asia Pacific Dividend Builder ETF stock opened at $17.43 on Tuesday. The firm has a market capitalization of $10.59 million, a PE ratio of 11.72 and a beta of 0.58. The business’s 50-day moving average price is $15.96 and its 200-day moving average price is $15.68. SmartETFs Asia Pacific Dividend Builder ETF has a 12 month low of $13.43 and a 12 month high of $18.50.

SmartETFs Asia Pacific Dividend Builder ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 7th. Stockholders of record on Friday, March 28th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, March 28th.

About SmartETFs Asia Pacific Dividend Builder ETF

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.