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

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 21,248 shares, a decline of 56.2% from the August 31st total of 48,559 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily volume of 24,151 shares, the days-to-cover ratio is currently 0.9 days.

Xtrackers Semiconductor Select Equity ETF Trading Up 1.1%

NASDAQ:CHPS traded up $0.95 during midday trading on Tuesday, hitting $90.17. 15,947 shares of the company traded hands, compared to its average volume of 30,378. The firm has a market capitalization of $125.34 million, a P/E ratio of 27.07 and a beta of 2.21. The firm’s fifty day moving average is $83.78 and its 200-day moving average is $80.32. Xtrackers Semiconductor Select Equity ETF has a 12-month low of $39.73 and a 12-month high of $107.97.

Xtrackers Semiconductor Select Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 18th were given a dividend of $0.0994 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. This is a positive change from Xtrackers Semiconductor Select Equity ETF’s previous quarterly dividend of $0.0681. The ex-dividend date was Friday, September 18th.

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.