Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Short Interest Down 36.4% in May

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 1,274 shares, a drop of 36.4% from the April 30th total of 2,003 shares. Based on an average daily trading volume, of 1,512 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the company’s stock are sold short.

Kingsbarn Dividend Opportunity ETF Stock Up 0.2%

NYSEARCA:DVDN opened at $16.78 on Wednesday. The firm has a 50 day moving average of $16.97 and a 200 day moving average of $18.18. The stock has a market capitalization of $2.85 million, a price-to-earnings ratio of 13.40 and a beta of 0.65. Kingsbarn Dividend Opportunity ETF has a 52 week low of $16.28 and a 52 week high of $23.51.

Kingsbarn Dividend Opportunity ETF Company Profile

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.