Short Interest in Sparkline International Intangible Value ETF (NYSEARCA:DTAN) Rises By 113.5%

Sparkline International Intangible Value ETF (NYSEARCA:DTAN) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 14,226 shares, an increase of 113.5% from the May 14th total of 6,663 shares. Currently, 2.2% of the company’s stock are short sold. Based on an average daily volume of 2,397 shares, the days-to-cover ratio is presently 5.9 days.

Sparkline International Intangible Value ETF Trading Up 2.3%

DTAN stock traded up $0.73 during trading on Friday, hitting $32.41. 219 shares of the company’s stock were exchanged, compared to its average volume of 3,420. The business has a 50-day moving average price of $32.09 and a two-hundred day moving average price of $31.72. The stock has a market capitalization of $20.74 million, a price-to-earnings ratio of 15.18 and a beta of 0.52. Sparkline International Intangible Value ETF has a 52-week low of $27.63 and a 52-week high of $34.23.

About Sparkline International Intangible Value ETF

The Sparkline International Intangible Value ETF (DTAN) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of non-US listed companies the fund adviser believes to be attractive in terms of intangible assets. DTAN was launched on Sep 9, 2024 and is issued by Sparkline.