AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Short Interest Update

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 19,641 shares, a growth of 79.5% from the May 14th total of 10,944 shares. Based on an average daily trading volume, of 8,217 shares, the short-interest ratio is currently 2.4 days. Currently, 0.8% of the shares of the company are sold short.

AAM S&P 500 High Dividend Value ETF Stock Performance

Shares of NYSEARCA SPDV traded up $0.03 during midday trading on Monday, hitting $39.70. The company’s stock had a trading volume of 5,681 shares, compared to its average volume of 8,013. AAM S&P 500 High Dividend Value ETF has a 1-year low of $31.87 and a 1-year high of $39.77. The firm’s fifty day moving average price is $38.12 and its 200-day moving average price is $37.01. The firm has a market cap of $93.30 million, a P/E ratio of 13.65 and a beta of 0.74.

Institutional Trading of AAM S&P 500 High Dividend Value ETF

An institutional investor recently raised its position in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. increased its holdings in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,743 shares of the company’s stock after purchasing an additional 2,073 shares during the quarter. JPMorgan Chase & Co. owned 0.13% of AAM S&P 500 High Dividend Value ETF worth $89,000 at the end of the most recent quarter.

AAM S&P 500 High Dividend Value ETF Company Profile

The AAM S&P 500 High Dividend Value ETF (SPDV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-caps selected for high dividend and free-cash-flow yields. Securities are equally-weighted. SPDV was launched on Nov 28, 2017 and is managed by AAM.