MarketDesk Focused U.S. Dividend ETF (NASDAQ:FDIV – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,955 shares, a decrease of 57.1% from the September 15th total of 4,560 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 9,651 shares, the short-interest ratio is presently 0.2 days.
MarketDesk Focused U.S. Dividend ETF Stock Up 1.7%
NASDAQ FDIV traded up $0.46 on Thursday, reaching $27.07. The stock had a trading volume of 2,814 shares, compared to its average volume of 15,043. The stock has a fifty day moving average price of $27.48 and a two-hundred day moving average price of $27.58. MarketDesk Focused U.S. Dividend ETF has a 12-month low of $25.63 and a 12-month high of $28.79. The firm has a market capitalization of $54.14 million, a price-to-earnings ratio of 13.22 and a beta of 0.62.
MarketDesk Focused U.S. Dividend ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a dividend of $0.1793 per share. This is a boost from MarketDesk Focused U.S. Dividend ETF’s previous quarterly dividend of $0.1382. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, September 28th.
MarketDesk Focused U.S. Dividend ETF Company Profile
The MarketDesk Focused U.S. Dividend ETF (FDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed, investing primarily in US companies that are forecasted to raise their dividends. The fund constructs its portfolio using a quantitative dividend screening methodology with the goal of generating above-average income FDIV was launched on Sep 19, 2023 and is issued by MarketDesk.
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