Madison Dividend Value ETF (NYSEARCA:DIVL) Shares Shorted: Short Interest Down 58.7% in September

Madison Dividend Value ETF (NYSEARCA:DIVL) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 171 shares, a decrease of 58.7% from the September 15th total of 414 shares. Based on an average daily volume of 563 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Madison Dividend Value ETF Price Performance

Madison Dividend Value ETF stock traded up $0.10 during midday trading on Thursday, reaching $25.32. The company had a trading volume of 91 shares, compared to its average volume of 1,994. The company has a market capitalization of $61.27 million, a P/E ratio of 21.24 and a beta of 0.54. Madison Dividend Value ETF has a 12-month low of $22.12 and a 12-month high of $25.95. The firm’s fifty day simple moving average is $25.19 and its 200-day simple moving average is $24.90.

Madison Dividend Value ETF Company Profile

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.