Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Increases By 116.6%

Altrius Global Dividend ETF (NASDAQ:DIVD) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 3,383 shares, an increase of 116.6% from the May 14th total of 1,562 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 1,257 shares, the short-interest ratio is currently 2.7 days.

Altrius Global Dividend ETF Price Performance

Altrius Global Dividend ETF stock traded up $0.28 during mid-day trading on Friday, hitting $43.16. The company’s stock had a trading volume of 527 shares, compared to its average volume of 2,315. The firm’s 50 day moving average is $42.36 and its 200 day moving average is $40.96. The company has a market cap of $17.70 million, a PE ratio of 14.67 and a beta of 0.66. Altrius Global Dividend ETF has a 52-week low of $34.93 and a 52-week high of $43.34.

Altrius Global Dividend ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a $0.1964 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This is an increase from Altrius Global Dividend ETF’s previous dividend of $0.16.

Institutional Investors Weigh In On Altrius Global Dividend ETF

An institutional investor recently raised its position in Altrius Global Dividend ETF stock. Altrius Capital Management Inc raised its position in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) by 22.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,162 shares of the company’s stock after purchasing an additional 28,909 shares during the period. Altrius Capital Management Inc owned 40.83% of Altrius Global Dividend ETF worth $5,979,000 as of its most recent SEC filing.

About Altrius Global Dividend ETF

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.