Altrius Global Dividend ETF (NASDAQ:DIVD) Shares Shorted: Short Interest Down 80.7% in September

Altrius Global Dividend ETF (NASDAQ:DIVD) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,701 shares, a drop of 80.7% from the August 31st total of 8,793 shares. Based on an average daily volume of 6,823 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the company are short sold.

Altrius Global Dividend ETF Stock Performance

Shares of DIVD traded up $0.15 during mid-day trading on Friday, reaching $43.56. 701 shares of the company’s stock traded hands, compared to its average volume of 3,509. The business’s 50-day moving average price is $44.60 and its 200-day moving average price is $43.03. The stock has a market capitalization of $23.52 million, a P/E ratio of 14.67 and a beta of 0.64. Altrius Global Dividend ETF has a 12 month low of $36.11 and a 12 month high of $45.72.

Altrius Global Dividend ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Thursday, August 27th were paid a dividend of $0.0458 per share. This represents a $0.55 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 27th. This is a decrease from Altrius Global Dividend ETF’s previous monthly dividend of $0.0985.

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.