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

Essential 40 Stock ETF (NASDAQ:ESN) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 53,230 shares, a decrease of 38.5% from the December 31st total of 86,505 shares. Based on an average trading volume of 55,708 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 55,708 shares, the days-to-cover ratio is currently 1.0 days.

Essential 40 Stock ETF Stock Up 0.3%

ESN stock opened at $17.99 on Friday. The business has a 50 day moving average price of $17.42 and a 200 day moving average price of $16.96. The stock has a market cap of $204.19 million, a price-to-earnings ratio of 19.18 and a beta of 0.79. Essential 40 Stock ETF has a fifty-two week low of $13.53 and a fifty-two week high of $18.52.

Essential 40 Stock ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 11th were given 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.