Altrius Global Dividend ETF (NASDAQ:DIVD) Sees Large Increase in Short Interest

Altrius Global Dividend ETF (NASDAQ:DIVD) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 2,778 shares, a growth of 4,380.6% from the June 15th total of 62 shares. Based on an average daily trading volume, of 3,627 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On Altrius Global Dividend ETF

A hedge fund recently raised its position in Altrius Global Dividend ETF stock. Altrius Capital Management Inc boosted its holdings in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) by 22.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 155,162 shares of the company’s stock after buying an additional 28,909 shares during the quarter. Altrius Capital Management Inc owned approximately 40.83% of Altrius Global Dividend ETF worth $5,979,000 as of its most recent SEC filing.

Altrius Global Dividend ETF Stock Up 0.3%

Shares of DIVD stock traded up $0.11 on Friday, hitting $43.21. The stock had a trading volume of 413 shares, compared to its average volume of 2,515. The business has a 50 day moving average price of $42.68 and a 200 day moving average price of $41.58. The company has a market cap of $19.44 million, a PE ratio of 14.67 and a beta of 0.66. Altrius Global Dividend ETF has a one year low of $34.93 and a one year high of $43.88.

Altrius Global Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.0847 per share. The ex-dividend date of this dividend was Monday, June 29th.

Altrius Global Dividend ETF Company Profile

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.