Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Declines By 78.8%

Altrius Global Dividend ETF (NASDAQ:DIVDGet Free Report) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,562 shares, a drop of 78.8% from the April 30th total of 7,356 shares. Based on an average daily volume of 2,975 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Altrius Global Dividend ETF Stock Performance

DIVD traded down $0.06 during trading on Friday, reaching $42.61. The company’s stock had a trading volume of 702 shares, compared to its average volume of 2,288. The company’s fifty day moving average price is $41.91 and its 200-day moving average price is $40.56. Altrius Global Dividend ETF has a 52-week low of $34.56 and a 52-week high of $43.34. The company has a market capitalization of $17.47 million, a price-to-earnings ratio of 14.67 and a beta of 0.68.

Altrius Global Dividend ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 28th will be issued a dividend of $0.1964 per share. This is a boost from Altrius Global Dividend ETF’s previous dividend of $0.16. The ex-dividend date of this dividend is Thursday, May 28th.

Institutional Trading of Altrius Global Dividend ETF

A hedge fund recently raised its stake in Altrius Global Dividend ETF stock. Altrius Capital Management Inc grew its stake in shares of Altrius Global Dividend ETF (NASDAQ:DIVDFree Report) by 22.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 155,162 shares of the company’s stock after buying an additional 28,909 shares during the period. Altrius Capital Management Inc owned 40.83% of Altrius Global Dividend ETF worth $5,979,000 at the end of the most recent reporting period.

About Altrius Global Dividend ETF

(Get Free Report)

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.

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