Eventide High Dividend ETF (NYSEARCA:ELCV) Short Interest Down 70.0% in June

Eventide High Dividend ETF (NYSEARCA:ELCV) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 38,557 shares, a drop of 70.0% from the June 15th total of 128,633 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 48,077 shares, the days-to-cover ratio is currently 0.8 days.

Eventide High Dividend ETF Stock Performance

ELCV traded down $0.20 during trading on Monday, reaching $32.08. 9,031 shares of the company traded hands, compared to its average volume of 47,465. The company has a market cap of $253.43 million, a P/E ratio of 22.31 and a beta of 0.63. Eventide High Dividend ETF has a 12-month low of $25.46 and a 12-month high of $33.19. The firm has a fifty day simple moving average of $31.80 and a 200 day simple moving average of $29.81.

Institutional Trading of Eventide High Dividend ETF

Several hedge funds have recently bought and sold shares of the stock. Bare Financial Services Inc grew its position in shares of Eventide High Dividend ETF by 20.2% during the fourth quarter. Bare Financial Services Inc now owns 414,551 shares of the company’s stock valued at $11,002,000 after purchasing an additional 69,623 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Eventide High Dividend ETF by 66.9% during the first quarter. EverSource Wealth Advisors LLC now owns 60,993 shares of the company’s stock valued at $1,769,000 after buying an additional 24,443 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in Eventide High Dividend ETF by 4.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 562,555 shares of the company’s stock valued at $14,930,000 after buying an additional 23,699 shares in the last quarter. Betterment LLC purchased a new position in Eventide High Dividend ETF during the 3rd quarter valued at approximately $303,000. Finally, AIFG Consultants Ltd. grew its holdings in Eventide High Dividend ETF by 14.7% during the 4th quarter. AIFG Consultants Ltd. now owns 30,181 shares of the company’s stock valued at $801,000 after buying an additional 3,872 shares in the last quarter.

About Eventide High Dividend ETF

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.