Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Up 687.4% in June

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDNGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 9,212 shares, an increase of 687.4% from the June 15th total of 1,170 shares. Currently, 5.4% of the shares of the company are sold short. Based on an average daily volume of 2,151 shares, the days-to-cover ratio is presently 4.3 days.

Kingsbarn Dividend Opportunity ETF Price Performance

NYSEARCA:DVDN traded up $0.09 on Friday, reaching $15.79. 5,452 shares of the company’s stock were exchanged, compared to its average volume of 1,726. The firm has a market cap of $2.68 million, a price-to-earnings ratio of 13.40 and a beta of 0.60. The stock has a fifty day simple moving average of $16.58 and a 200-day simple moving average of $17.49. Kingsbarn Dividend Opportunity ETF has a 52 week low of $15.60 and a 52 week high of $23.43.

About Kingsbarn Dividend Opportunity ETF

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The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.

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