Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Rises By 146.2%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 325 shares, an increase of 146.2% from the June 30th total of 132 shares. Based on an average daily trading volume, of 846 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently bought a new stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC purchased a new position in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned approximately 0.82% of SmartETFs Dividend Builder ETF at the end of the most recent reporting period.

SmartETFs Dividend Builder ETF Trading Up 0.8%

Shares of NYSEARCA:DIVS opened at $33.60 on Tuesday. The stock has a fifty day simple moving average of $32.89 and a two-hundred day simple moving average of $32.26. SmartETFs Dividend Builder ETF has a 12-month low of $29.68 and a 12-month high of $33.60. The stock has a market capitalization of $42.34 million, a price-to-earnings ratio of 23.34 and a beta of 0.71.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.