Madison Dividend Value ETF (NYSEARCA:DIVL) Stock Short Interest Falls 58.7%

Madison Dividend Value ETF (NYSEARCA:DIVL – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 171 shares, a decline of 58.7% from the September 15th total of 414 shares. Based on an average daily volume of 563 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Madison Dividend Value ETF Stock Performance

NYSEARCA:DIVL traded up $0.02 on Tuesday, hitting $25.03. The stock had a trading volume of 149 shares, compared to its average volume of 2,014. The stock has a market cap of $61.32 million, a P/E ratio of 21.24 and a beta of 0.54. Madison Dividend Value ETF has a 1 year low of $22.12 and a 1 year high of $25.95. The firm’s fifty day simple moving average is $25.20 and its two-hundred day simple moving average is $24.89.

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About Madison Dividend Value ETF

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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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