Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Update

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 2,003 shares, a decrease of 47.7% from the April 15th total of 3,833 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average daily volume of 2,096 shares, the days-to-cover ratio is presently 1.0 days.

Kingsbarn Dividend Opportunity ETF Stock Performance

Shares of NYSEARCA DVDN traded up $0.23 during mid-day trading on Monday, reaching $16.60. The company had a trading volume of 244 shares, compared to its average volume of 1,650. The stock has a fifty day moving average of $17.13 and a two-hundred day moving average of $18.42. The company has a market capitalization of $2.82 million, a price-to-earnings ratio of 13.40 and a beta of 0.65. Kingsbarn Dividend Opportunity ETF has a 12-month low of $16.28 and a 12-month high of $23.51.

Kingsbarn Dividend Opportunity ETF Company Profile

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.