SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Sees Large Increase in Short Interest

SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 10,436 shares, a growth of 343.7% from the August 15th total of 2,352 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 5,707 shares, the short-interest ratio is currently 1.8 days.

SmartETFs Asia Pacific Dividend Builder ETF Price Performance

NYSEARCA ADIV remained flat at $19.72 during trading hours on Friday. 2,028 shares of the company’s stock were exchanged, compared to its average volume of 13,774. The stock has a market capitalization of $55.22 million, a PE ratio of 12.72 and a beta of 0.63. SmartETFs Asia Pacific Dividend Builder ETF has a 12-month low of $17.23 and a 12-month high of $20.36. The stock has a 50 day simple moving average of $19.56 and a 200 day simple moving average of $18.93.

About SmartETFs Asia Pacific Dividend Builder ETF

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.