Sparkline International Intangible Value ETF (NYSEARCA:DTAN) Short Interest Up 113.5% in May
by Michael Walen · The Markets DailySparkline International Intangible Value ETF (NYSEARCA:DTAN – Get Free Report) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 14,226 shares, a growth of 113.5% from the May 14th total of 6,663 shares. Based on an average daily trading volume, of 2,397 shares, the days-to-cover ratio is presently 5.9 days. Currently, 2.2% of the company’s shares are sold short.
Sparkline International Intangible Value ETF Price Performance
NYSEARCA:DTAN remained flat at $32.41 during midday trading on Monday. 219 shares of the company were exchanged, compared to its average volume of 3,420. The business has a 50 day moving average of $32.09 and a two-hundred day moving average of $31.73. Sparkline International Intangible Value ETF has a 52 week low of $27.63 and a 52 week high of $34.23. The firm has a market capitalization of $20.74 million, a PE ratio of 15.18 and a beta of 0.52.
Sparkline International Intangible Value ETF Company Profile
The Sparkline International Intangible Value ETF (DTAN) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of non-US listed companies the fund adviser believes to be attractive in terms of intangible assets. DTAN was launched on Sep 9, 2024 and is issued by Sparkline.