Short Interest in Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Declines By 56.1%

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 5,119 shares, a decline of 56.1% from the July 15th total of 11,658 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,060 shares, the short-interest ratio is presently 2.5 days.

Kingsbarn Dividend Opportunity ETF Trading Down 0.3%

DVDN stock traded down $0.04 during trading hours on Friday, hitting $15.74. 347 shares of the stock traded hands, compared to its average volume of 1,706. The stock has a 50-day simple moving average of $15.98 and a 200 day simple moving average of $16.87. Kingsbarn Dividend Opportunity ETF has a one year low of $15.25 and a one year high of $23.43. The company has a market cap of $2.68 million, a P/E ratio of 13.40 and a beta of 0.61.

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.