Short Interest in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Expands By 67.5%

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,127 shares, an increase of 67.5% from the December 15th total of 673 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 3,546 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 3,546 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

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 stake in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned approximately 0.82% of SmartETFs Dividend Builder ETF at the end of the most recent reporting period.

SmartETFs Dividend Builder ETF Stock Up 0.4%

Shares of NYSEARCA DIVS opened at $31.62 on Friday. The company has a market capitalization of $41.11 million, a PE ratio of 23.34 and a beta of 0.71. SmartETFs Dividend Builder ETF has a twelve month low of $26.25 and a twelve month high of $31.86. The stock’s 50 day moving average price is $31.11 and its 200-day moving average price is $31.05.

SmartETFs Dividend Builder ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 12th were given a $0.427 dividend. This represents a $1.71 dividend on an annualized basis and a dividend yield of 5.4%. This is an increase from SmartETFs Dividend Builder ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 12th.

SmartETFs Dividend Builder ETF Company Profile

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.