SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Sees Large Growth in Short Interest

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIVGet Free Report) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,896 shares, a growth of 1,911.1% from the May 14th total of 144 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 5,271 shares, the days-to-cover ratio is currently 0.5 days.

SmartETFs Asia Pacific Dividend Builder ETF Stock Up 0.1%

Shares of SmartETFs Asia Pacific Dividend Builder ETF stock traded up $0.02 during mid-day trading on Tuesday, hitting $18.82. The stock had a trading volume of 6,217 shares, compared to its average volume of 18,457. The firm has a 50-day moving average of $18.67 and a two-hundred day moving average of $18.49. The firm has a market cap of $54.58 million, a P/E ratio of 12.72 and a beta of 0.62. SmartETFs Asia Pacific Dividend Builder ETF has a 12-month low of $17.00 and a 12-month high of $19.74.

About SmartETFs Asia Pacific Dividend Builder ETF

(Get Free Report)

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.

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