Essential 40 Stock ETF (NASDAQ:ESN) Short Interest Update

Essential 40 Stock ETF (NASDAQ:ESN) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 10,105 shares, an increase of 70.0% from the November 30th total of 5,945 shares. Based on an average daily volume of 38,725 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 38,725 shares, the short-interest ratio is currently 0.3 days.

Essential 40 Stock ETF Price Performance

Shares of NASDAQ ESN remained flat at $17.28 during mid-day trading on Friday. 44,981 shares of the stock were exchanged, compared to its average volume of 40,695. The company has a market capitalization of $180.75 million, a PE ratio of 19.18 and a beta of 0.79. The firm’s fifty day moving average is $17.16 and its 200-day moving average is $16.69. Essential 40 Stock ETF has a one year low of $13.53 and a one year high of $17.55.

Essential 40 Stock ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 11th were issued a dividend of $0.156 per share. This represents a dividend yield of 91.0%. The ex-dividend date was Thursday, December 11th.

About Essential 40 Stock ETF

The Essential 40 Stock ETF (ESN) is an exchange-traded fund that is based on the Essential 40 Stock index. The fund attempts to track an index of 40 US blue-chip stocks that are deemed essential to the US economy by the index provider. Holdings are equally weighted in the index ESN was launched on Jun 11, 2014 and is issued by KKM Financial.