Eventide High Dividend ETF (NYSEARCA:ELCV) Stock Short Interest Report for October

Eventide High Dividend ETF (NYSEARCA:ELCV) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 25,318 shares, a decline of 55.6% from the September 30th total of 56,969 shares. Based on an average daily volume of 58,416 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Eventide High Dividend ETF Stock Down 0.5%

NYSEARCA:ELCV traded down $0.15 during mid-day trading on Friday, reaching $31.79. 31,399 shares of the stock were exchanged, compared to its average volume of 51,274. The stock has a market capitalization of $321.08 million, a P/E ratio of 22.31 and a beta of 0.67. Eventide High Dividend ETF has a 1 year low of $25.96 and a 1 year high of $33.19. The company has a 50 day simple moving average of $31.18 and a 200-day simple moving average of $30.62.

Eventide High Dividend ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.1177 dividend. This is a negative change from Eventide High Dividend ETF’s previous quarterly dividend of $0.3013. The ex-dividend date was Tuesday, September 29th. This represents a $0.47 annualized dividend and a yield of 1.5%.

Institutional Investors Weigh In On Eventide High Dividend ETF

An institutional investor recently raised its stake in Eventide High Dividend ETF stock. EverSource Wealth Advisors LLC boosted its stake in Eventide High Dividend ETF (NYSEARCA:ELCV) by 66.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,993 shares of the company’s stock after acquiring an additional 24,443 shares during the period. EverSource Wealth Advisors LLC owned 0.91% of Eventide High Dividend ETF worth $1,769,000 as of its most recent SEC filing.

About Eventide High Dividend ETF

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.