iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) Sees Large Decline in Short Interest

iMGP Berkshire Dividend Growth ETF (NYSEARCA:BDVG) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 28,121 shares, a decrease of 60.8% from the July 30th total of 71,775 shares. Approximately 2.2% of the company’s shares are sold short. Based on an average daily trading volume, of 28,394 shares, the short-interest ratio is presently 1.0 days.

iMGP Berkshire Dividend Growth ETF Stock Performance

NYSEARCA BDVG traded up $0.01 during mid-day trading on Friday, reaching $15.02. 7,766 shares of the stock were exchanged, compared to its average volume of 9,669. The stock has a market capitalization of $18.77 million, a PE ratio of 18.66 and a beta of 0.68. iMGP Berkshire Dividend Growth ETF has a 1-year low of $12.43 and a 1-year high of $16.64. The business’s fifty day simple moving average is $14.77 and its 200 day simple moving average is $14.04.

About iMGP Berkshire Dividend Growth ETF

The IMGP Berkshire Dividend Growth ETF (BDVG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of 30 to 40 US large-cap companies with high, stable, and growing dividends. BDVG was launched on Jun 30, 2023 and is managed by iMGP.