iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) Sees Large Growth in Short Interest

iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 20,651 shares, an increase of 664.9% from the June 15th total of 2,700 shares. Based on an average daily volume of 27,463 shares, the short-interest ratio is presently 0.8 days. Approximately 1.9% of the company’s stock are short sold.

iMGP Berkshire Dividend Growth ETF Trading Up 0.4%

NYSEARCA:BDVG traded up $0.06 during mid-day trading on Friday, hitting $14.51. The company had a trading volume of 11,648 shares, compared to its average volume of 7,500. The business has a fifty day simple moving average of $14.17 and a 200-day simple moving average of $13.58. The firm has a market capitalization of $15.67 million, a price-to-earnings ratio of 18.66 and a beta of 0.69. iMGP Berkshire Dividend Growth ETF has a 1 year low of $12.01 and a 1 year high of $14.58.

About iMGP Berkshire Dividend Growth ETF

The IMGP Berkshire Dividend Growth ETF (BDVG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US large-cap companies with high, stable, and growing dividends. BDVG was launched on Jun 30, 2023 and is managed by iMGP.