SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Short Interest Down 74.2% in July

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 868 shares, a drop of 74.2% from the July 15th total of 3,358 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,486 shares, the short-interest ratio is currently 0.1 days.

SmartETFs Asia Pacific Dividend Builder ETF Price Performance

Shares of SmartETFs Asia Pacific Dividend Builder ETF stock traded down $0.08 on Thursday, reaching $19.78. The company had a trading volume of 315 shares, compared to its average volume of 14,701. The firm has a market cap of $55.38 million, a price-to-earnings ratio of 12.72 and a beta of 0.62. The firm’s 50-day moving average price is $19.14 and its two-hundred day moving average price is $18.76. SmartETFs Asia Pacific Dividend Builder ETF has a 1 year low of $17.23 and a 1 year high of $19.90.

About SmartETFs Asia Pacific Dividend Builder ETF

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.