SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Short Interest Up 111.2% in April

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 376 shares, a growth of 111.2% from the April 15th total of 178 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,799 shares, the short-interest ratio is presently 0.2 days.

SmartETFs Dividend Builder ETF Stock Down 0.6%

Shares of DIVS stock opened at $32.26 on Friday. The company has a market cap of $40.65 million, a price-to-earnings ratio of 23.34 and a beta of 0.73. SmartETFs Dividend Builder ETF has a 52 week low of $29.68 and a 52 week high of $33.46. The firm has a 50 day moving average of $31.54 and a 200-day moving average of $31.60.

Institutional Trading of SmartETFs Dividend Builder ETF

An institutional investor recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC purchased a new position in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned approximately 0.82% of SmartETFs Dividend Builder ETF at the end of the most recent quarter.

About SmartETFs Dividend Builder ETF

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.