Madison Dividend Value ETF (NYSEARCA:DIVL) Sees Significant Increase in Short Interest

Posted by Brian Himes on Apr 24th, 2026

Madison Dividend Value ETF (NYSEARCA:DIVL – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 6,523 shares, a growth of 651.5% from the March 31st total of 868 shares. Based on an average daily trading volume, of 2,652 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Madison Dividend Value ETF

An institutional investor recently raised its position in Madison Dividend Value ETF stock. Citadel Advisors LLC boosted its stake in shares of Madison Dividend Value ETF (NYSEARCA:DIVL – Free Report) by 55.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,747 shares of the company’s stock after purchasing an additional 8,492 shares during the quarter. Citadel Advisors LLC owned 0.90% of Madison Dividend Value ETF worth $553,000 at the end of the most recent quarter.

Madison Dividend Value ETF Trading Down 0.7%

DIVL traded down $0.18 during trading on Friday, hitting $24.90. The stock had a trading volume of 113 shares, compared to its average volume of 3,316. The firm has a market cap of $61.50 million, a PE ratio of 21.24 and a beta of 0.65. Madison Dividend Value ETF has a 12 month low of $20.84 and a 12 month high of $25.60. The company has a 50 day simple moving average of $24.71 and a 200-day simple moving average of $23.79.

Madison Dividend Value ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.0202 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Madison Dividend Value ETF’s previous monthly dividend of $0.02. The ex-dividend date was Wednesday, February 25th.

Madison Dividend Value ETF Company Profile

(Get Free Report)

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.