Altrius Global Dividend ETF (NASDAQ:DIVD) Sees Large Drop in Short Interest

Altrius Global Dividend ETF (NASDAQ:DIVD) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 62 shares, a decrease of 98.2% from the May 31st total of 3,383 shares. Based on an average daily volume of 2,466 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Altrius Global Dividend ETF

An institutional investor recently raised its stake in Altrius Global Dividend ETF stock. Altrius Capital Management Inc raised its holdings in Altrius Global Dividend ETF (NASDAQ:DIVD) by 22.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 155,162 shares of the company’s stock after acquiring an additional 28,909 shares during the quarter. Altrius Capital Management Inc owned approximately 40.83% of Altrius Global Dividend ETF worth $5,979,000 as of its most recent SEC filing.

Altrius Global Dividend ETF Price Performance

DIVD stock traded up $0.34 during midday trading on Thursday, reaching $42.60. The company had a trading volume of 2,474 shares, compared to its average volume of 2,328. The company has a market capitalization of $17.47 million, a price-to-earnings ratio of 14.67 and a beta of 0.66. Altrius Global Dividend ETF has a 1-year low of $34.93 and a 1-year high of $43.34. The stock has a 50 day moving average price of $42.49 and a 200-day moving average price of $41.25.

Altrius Global Dividend ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were 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 was Thursday, May 28th.

Altrius Global Dividend ETF Company Profile

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.