Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Sees Large Decline in Short Interest

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 13,820 shares, a decline of 60.7% from the June 15th total of 35,174 shares. Based on an average daily volume of 63,335 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.1% of the shares of the company are short sold.

Xtrackers Semiconductor Select Equity ETF Trading Down 2.2%

CHPS stock traded down $2.02 during trading on Wednesday, hitting $88.58. The company had a trading volume of 21,292 shares, compared to its average volume of 30,592. The business has a 50 day moving average of $91.59 and a 200 day moving average of $69.18. The firm has a market capitalization of $110.72 million, a price-to-earnings ratio of 27.07 and a beta of 2.14. Xtrackers Semiconductor Select Equity ETF has a fifty-two week low of $33.31 and a fifty-two week high of $107.97.

Xtrackers Semiconductor Select Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 18th were paid a $0.0681 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from Xtrackers Semiconductor Select Equity ETF’s previous quarterly dividend of $0.05.

About Xtrackers Semiconductor Select Equity ETF

The Xtrackers Semiconductor Select Equity ETF (CHPS) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the companies involved semiconductor industry globally. The index screens securities based on various ESG criteria provided by Sustainalytics. CHPS was launched on Jul 13, 2023 and is issued by Xtrackers.