Madison Dividend Value ETF (NYSEARCA:DIVL – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 1,547 shares, a growth of 490.5% from the July 30th total of 262 shares. Based on an average daily volume of 692 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.1% of the shares of the company are sold short.
Madison Dividend Value ETF Trading Up 0.2%
NYSEARCA DIVL traded up $0.04 during trading on Thursday, reaching $25.76. The company’s stock had a trading volume of 934 shares, compared to its average volume of 2,135. The firm has a 50 day moving average price of $25.10 and a 200 day moving average price of $24.87. Madison Dividend Value ETF has a 12 month low of $22.12 and a 12 month high of $25.95. The firm has a market capitalization of $64.40 million, a price-to-earnings ratio of 21.24 and a beta of 0.52.
Institutional Investors Weigh In On Madison Dividend Value ETF
An institutional investor recently bought a new position in Madison Dividend Value ETF stock. Focus Partners Wealth acquired a new position in shares of Madison Dividend Value ETF (NYSEARCA:DIVL – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,269 shares of the company’s stock, valued at approximately $247,000. Focus Partners Wealth owned 0.42% of Madison Dividend Value ETF at the end of the most recent reporting period.
Madison Dividend Value ETF Company Profile
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.
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