MarketDesk Focused U.S. Dividend ETF (NASDAQ:FDIV – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 818 shares, a drop of 75.0% from the June 15th total of 3,270 shares. Based on an average daily trading volume, of 6,334 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
MarketDesk Focused U.S. Dividend ETF Stock Down 0.3%
Shares of NASDAQ:FDIV traded down $0.09 on Monday, reaching $27.82. The company had a trading volume of 11,467 shares, compared to its average volume of 13,015. The stock has a market capitalization of $72.33 million, a P/E ratio of 13.22 and a beta of 0.58. The stock has a 50-day moving average price of $27.62 and a 200 day moving average price of $27.68. MarketDesk Focused U.S. Dividend ETF has a twelve month low of $25.62 and a twelve month high of $28.79.
MarketDesk Focused U.S. Dividend ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a $0.1382 dividend. This represents a $0.55 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, June 29th.
About MarketDesk Focused U.S. Dividend ETF
The MarketDesk Focused U.S. Dividend ETF (FDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed, investing primarily in US companies that are forecasted to raise their dividends. The fund constructs its portfolio using a quantitative dividend screening methodology with the goal of generating above-average income FDIV was launched on Sep 19, 2023 and is issued by MarketDesk.
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