Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Down 56.1% in July

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 5,119 shares, a decrease of 56.1% from the July 15th total of 11,658 shares. Based on an average trading volume of 2,060 shares, the days-to-cover ratio is presently 2.5 days. Approximately 3.0% of the shares of the company are sold short.

Kingsbarn Dividend Opportunity ETF Price Performance

DVDN stock traded down $0.04 during trading hours on Friday, reaching $15.74. The stock had a trading volume of 347 shares, compared to its average volume of 1,706. The stock has a market capitalization of $2.68 million, a PE ratio of 13.40 and a beta of 0.61. The stock has a 50-day simple moving average of $15.98 and a 200 day simple moving average of $16.89. Kingsbarn Dividend Opportunity ETF has a fifty-two week low of $15.25 and a fifty-two week high of $23.43.

Kingsbarn Dividend Opportunity ETF Company Profile

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.