Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Up 687.4% in June

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 9,212 shares, a growth of 687.4% from the June 15th total of 1,170 shares. Based on an average trading volume of 2,151 shares, the short-interest ratio is currently 4.3 days. Approximately 5.4% of the shares of the stock are sold short.

Kingsbarn Dividend Opportunity ETF Stock Performance

Kingsbarn Dividend Opportunity ETF stock opened at $15.79 on Monday. The company has a market cap of $2.68 million, a P/E ratio of 13.40 and a beta of 0.60. Kingsbarn Dividend Opportunity ETF has a one year low of $15.60 and a one year high of $23.43. The business has a fifty day moving average of $16.58 and a two-hundred day moving average of $17.48.

About Kingsbarn Dividend Opportunity ETF

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.