Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Short Interest Update

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 11,223 shares, a growth of 92.4% from the July 15th total of 5,833 shares. Based on an average daily volume of 5,565 shares, the short-interest ratio is currently 2.0 days. Approximately 0.5% of the company’s stock are sold short.

Cullen Enhanced Equity Income ETF Trading Up 0.3%

Cullen Enhanced Equity Income ETF stock traded up $0.07 during midday trading on Friday, hitting $27.83. The stock had a trading volume of 2,571 shares, compared to its average volume of 11,591. Cullen Enhanced Equity Income ETF has a 52-week low of $24.11 and a 52-week high of $28.12. The company has a market capitalization of $57.89 million, a PE ratio of 14.21 and a beta of 0.31. The firm’s fifty day moving average is $27.24 and its two-hundred day moving average is $26.78.

Institutional Trading of Cullen Enhanced Equity Income ETF

An institutional investor recently raised its position in Cullen Enhanced Equity Income ETF stock. Cary Street Partners Financial LLC raised its holdings in Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) by 262.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,565 shares of the company’s stock after buying an additional 22,854 shares during the quarter. Cary Street Partners Financial LLC owned about 1.91% of Cullen Enhanced Equity Income ETF worth $801,000 at the end of the most recent reporting period.

Cullen Enhanced Equity Income ETF Company Profile

The Cullen Enhanced Equity Income ETF (DIVP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in large- and mid-cap US stocks with high-dividend value characteristics, while also employing covered call strategy for additional income. DIVP was launched on Mar 6, 2024 and is issued by Cullen.