SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Sees Significant Decrease in Short Interest

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 868 shares, a decline of 74.2% from the July 15th total of 3,358 shares. Based on an average daily trading volume, of 7,486 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

SmartETFs Asia Pacific Dividend Builder ETF Stock Performance

Shares of NYSEARCA:ADIV traded down $0.02 during trading on Friday, reaching $19.73. The company had a trading volume of 1,019 shares, compared to its average volume of 14,612. The firm’s fifty day moving average is $19.17 and its 200 day moving average is $18.78. The firm has a market capitalization of $55.24 million, a PE ratio of 12.72 and a beta of 0.62. SmartETFs Asia Pacific Dividend Builder ETF has a twelve month low of $17.23 and a twelve month high of $19.90.

SmartETFs Asia Pacific Dividend Builder ETF Company Profile

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.