SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Sees Large Decrease in Short Interest

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 496 shares, a decline of 36.8% from the August 15th total of 785 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,340 shares, the days-to-cover ratio is presently 0.4 days.

SmartETFs Dividend Builder ETF Price Performance

NYSEARCA DIVS opened at $33.59 on Wednesday. The firm has a market cap of $42.32 million, a PE ratio of 23.34 and a beta of 0.71. SmartETFs Dividend Builder ETF has a one year low of $29.68 and a one year high of $35.10. The stock’s 50 day simple moving average is $34.16 and its 200 day simple moving average is $32.83.

About SmartETFs Dividend Builder ETF

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.