Short Interest in Altrius Global Dividend ETF (NASDAQ:DIVD) Declines By 36.0%

Altrius Global Dividend ETF (NASDAQ:DIVD) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,779 shares, a decrease of 36.0% from the June 30th total of 2,778 shares. Based on an average daily volume of 3,520 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Altrius Global Dividend ETF stock. Altrius Capital Management Inc raised its position in Altrius Global Dividend ETF (NASDAQ:DIVD) by 22.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 155,162 shares of the company’s stock after acquiring an additional 28,909 shares during the period. Altrius Capital Management Inc owned about 40.83% of Altrius Global Dividend ETF worth $5,979,000 as of its most recent filing with the SEC.

Altrius Global Dividend ETF Trading Down 0.1%

Shares of NASDAQ:DIVD traded down $0.04 during midday trading on Friday, hitting $44.71. The company had a trading volume of 3,044 shares, compared to its average volume of 2,459. Altrius Global Dividend ETF has a 12 month low of $34.93 and a 12 month high of $44.99. The stock has a market cap of $21.46 million, a price-to-earnings ratio of 14.67 and a beta of 0.66. The firm has a fifty day simple moving average of $43.08 and a 200 day simple moving average of $42.08.

Altrius Global Dividend ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, July 30th will be given a dividend of $0.0985 per share. This is an increase from Altrius Global Dividend ETF’s previous dividend of $0.08. The ex-dividend date of this dividend is Thursday, July 30th.

About Altrius Global Dividend ETF

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.