Short Interest in iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) Drops By 83.3%

iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,700 shares, a drop of 83.3% from the May 31st total of 16,186 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 2,469 shares, the days-to-cover ratio is currently 1.1 days.

iMGP Berkshire Dividend Growth ETF Stock Performance

iMGP Berkshire Dividend Growth ETF stock traded down $0.07 during trading hours on Friday, reaching $14.36. 4,415 shares of the company’s stock traded hands, compared to its average volume of 3,751. iMGP Berkshire Dividend Growth ETF has a fifty-two week low of $11.94 and a fifty-two week high of $14.56. The firm has a market capitalization of $10.05 million, a price-to-earnings ratio of 18.66 and a beta of 0.69. The firm’s 50 day moving average is $13.98 and its 200-day moving average is $13.48.

iMGP Berkshire Dividend Growth ETF Company Profile

The IMGP Berkshire Dividend Growth ETF (BDVG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US large-cap companies with high, stable, and growing dividends. BDVG was launched on Jun 30, 2023 and is managed by iMGP.