Eventide High Dividend ETF (NYSEARCA:ELCV) Short Interest Update

Eventide High Dividend ETF (NYSEARCA:ELCV) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 128,633 shares, a growth of 457.9% from the May 31st total of 23,056 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 39,170 shares, the days-to-cover ratio is presently 3.3 days.

Eventide High Dividend ETF Trading Down 0.8%

Shares of ELCV stock traded down $0.26 on Friday, reaching $32.83. The company had a trading volume of 134,316 shares, compared to its average volume of 48,271. The stock has a market cap of $219.96 million, a PE ratio of 22.31 and a beta of 0.67. The company has a 50-day moving average of $31.34 and a 200-day moving average of $29.38. Eventide High Dividend ETF has a 12 month low of $25.20 and a 12 month high of $33.19.

Institutional Investors Weigh In On Eventide High Dividend ETF

Several hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in shares of Eventide High Dividend ETF by 10.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 36,067 shares of the company’s stock valued at $965,000 after buying an additional 3,269 shares during the period. Bare Financial Services Inc acquired a new stake in Eventide High Dividend ETF during the 3rd quarter worth $9,224,000. Creative Financial Designs Inc. ADV raised its stake in Eventide High Dividend ETF by 5.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 538,856 shares of the company’s stock worth $14,411,000 after buying an additional 28,251 shares during the period. 49 Wealth Management LLC lifted its holdings in Eventide High Dividend ETF by 43.7% during the third quarter. 49 Wealth Management LLC now owns 39,885 shares of the company’s stock worth $1,067,000 after acquiring an additional 12,123 shares in the last quarter. Finally, Betterment LLC bought a new position in Eventide High Dividend ETF during the third quarter worth about $303,000.

Eventide High Dividend ETF Company Profile

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.