Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Short Interest Up 132.9% in May

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 11,880 shares, a growth of 132.9% from the April 30th total of 5,100 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 34,558 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Xtrackers Semiconductor Select Equity ETF

A hedge fund recently raised its stake in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC increased its holdings in shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,801 shares of the company’s stock after purchasing an additional 13,660 shares during the quarter. Cornerstone Planning Group LLC owned approximately 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 at the end of the most recent quarter.

Xtrackers Semiconductor Select Equity ETF Trading Up 0.3%

Shares of NASDAQ:CHPS traded up $0.30 during trading on Tuesday, reaching $92.32. The company had a trading volume of 78,343 shares, compared to its average volume of 24,403. The stock has a market capitalization of $83.09 million, a P/E ratio of 27.07 and a beta of 2.12. The company has a fifty day moving average of $70.75 and a two-hundred day moving average of $58.24. Xtrackers Semiconductor Select Equity ETF has a 12 month low of $30.06 and a 12 month high of $94.65.

Xtrackers Semiconductor Select Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 20th were issued a $0.0543 dividend. This represents a $0.22 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, March 20th.

About Xtrackers Semiconductor Select Equity ETF

The Xtrackers Semiconductor Select Equity ETF (CHPS) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the companies involved semiconductor industry globally. The index screens securities based on various ESG criteria provided by Sustainalytics. CHPS was launched on Jul 13, 2023 and is issued by Xtrackers.