Kovitz Core Equity ETF (NYSEARCA:EQTY) Sees Large Drop in Short Interest
by Teresa Graham · The Cerbat GemKovitz Core Equity ETF (NYSEARCA:EQTY – Get Free Report) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,808 shares, a decline of 44.1% from the November 30th total of 10,392 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 35,301 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 35,301 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.
Kovitz Core Equity ETF Stock Performance
NYSEARCA:EQTY traded down $0.04 during mid-day trading on Monday, reaching $27.18. The stock had a trading volume of 29,371 shares, compared to its average volume of 45,670. The business has a 50 day simple moving average of $26.32 and a 200 day simple moving average of $25.80. Kovitz Core Equity ETF has a twelve month low of $20.40 and a twelve month high of $27.27. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 27.78 and a beta of 0.99.
Kovitz Core Equity ETF Dividend Announcement
The business also recently disclosed an annual dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 26th will be paid a $0.0061 dividend. The ex-dividend date is Friday, December 26th. This represents a dividend yield of 2.0%.
About Kovitz Core Equity ETF
The Kovitz Core Equity ETF (EQTY) is an exchange-traded fund that mostly invests in total market equity. The fund is a narrow, core equity portfolio of companies believed by the adviser to be high quality and undervalued. The actively managed fund invests in large- and mid-cap companies around the globe. EQTY was launched on Dec 28, 2011 and is managed by Kovitz.