Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Increases By 1,086.7%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 178 shares, a growth of 1,086.7% from the March 31st total of 15 shares. Based on an average daily volume of 2,978 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

SmartETFs Dividend Builder ETF Stock Up 0.3%

Shares of SmartETFs Dividend Builder ETF stock traded up $0.11 on Friday, hitting $32.68. 6,103 shares of the company were exchanged, compared to its average volume of 3,508. The company has a 50-day moving average price of $31.76 and a 200 day moving average price of $31.51. The stock has a market capitalization of $41.18 million, a price-to-earnings ratio of 23.34 and a beta of 0.73. SmartETFs Dividend Builder ETF has a 1-year low of $28.65 and a 1-year high of $33.46.

Institutional Trading of SmartETFs Dividend Builder ETF

An institutional investor recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC purchased a new position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned 0.82% of SmartETFs Dividend Builder ETF as of its most recent SEC filing.

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.