SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Stock Short Interest Jumps 428.4%

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,567 shares, an increase of 428.4% from the September 30th total of 675 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 7,116 shares, the short-interest ratio is presently 0.5 days.

SmartETFs Asia Pacific Dividend Builder ETF Price Performance

NYSEARCA ADIV traded down $0.05 on Thursday, reaching $19.29. The company had a trading volume of 162 shares, compared to its average volume of 12,236. The firm has a market cap of $54.01 million, a price-to-earnings ratio of 12.72 and a beta of 0.62. SmartETFs Asia Pacific Dividend Builder ETF has a fifty-two week low of $17.23 and a fifty-two week high of $20.36. The business has a 50 day moving average of $19.64 and a two-hundred day moving average of $18.99.

SmartETFs Asia Pacific Dividend Builder ETF Company Profile

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.