SPDR S&P Dividend ETF (NYSEARCA:SDY) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 231,285 shares, a drop of 56.0% from the November 30th total of 525,226 shares. Based on an average daily volume of 426,930 shares, the short-interest ratio is presently 0.5 days.
SPDR S&P Dividend ETF (NYSEARCA SDY) opened at $94.60 on Thursday. SPDR S&P Dividend ETF has a twelve month low of $85.14 and a twelve month high of $97.39. The company has a market capitalization of $16,200.00 and a P/E ratio of 29.66.
The business also recently declared a special dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th were issued a dividend of $1.5601 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a yield of 2.67%. SPDR S&P Dividend ETF’s dividend payout ratio (DPR) is presently 65.83%.
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