Short Interest in Madison Dividend Value ETF (NYSEARCA:DIVL) Declines By 48.4%

Madison Dividend Value ETF (NYSEARCA:DIVL) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 3,300 shares, adecreaseof48.4% from the July 15th total of 6,400 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 0.6 days. Approximately0.1% of the company’s shares are short sold. Approximately0.1% of the company’s shares are short sold. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Madison Dividend Value ETF

An institutional investor recently bought a new position in Madison Dividend Value ETF stock. Focus Partners Wealth acquired a new position in Madison Dividend Value ETF (NYSEARCA:DIVL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,269 shares of the company’s stock, valued at approximately $247,000. Focus Partners Wealth owned approximately 0.42% of Madison Dividend Value ETF as of its most recent SEC filing.

Madison Dividend Value ETF Stock Up 0.4%

Madison Dividend Value ETF stock opened at $22.79 on Wednesday. Madison Dividend Value ETF has a 52-week low of $19.43 and a 52-week high of $22.83. The firm has a fifty day moving average of $22.38 and a 200-day moving average of $21.80. The firm has a market capitalization of $60.39 million, a P/E ratio of 21.24 and a beta of 0.69.

Madison Dividend Value ETF Company Profile

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued.