Democratic Large Cap Core ETF (NASDAQ:DEMZ) Short Interest Update

Democratic Large Cap Core ETF (NASDAQ:DEMZ) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 17,300 shares, an increase of 39.5% from the November 30th total of 12,400 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is presently 4.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. bought a new position in Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $206,000. Wedbush Securities Inc. owned about 0.57% of Democratic Large Cap Core ETF at the end of the most recent quarter.

Democratic Large Cap Core ETF Stock Performance

Shares of Democratic Large Cap Core ETF stock traded down $0.41 during trading on Monday, reaching $36.20. The company had a trading volume of 6,247 shares, compared to its average volume of 2,746. Democratic Large Cap Core ETF has a fifty-two week low of $28.55 and a fifty-two week high of $37.97. The firm’s fifty day moving average is $36.64 and its 200-day moving average is $35.49. The company has a market cap of $39.10 million, a price-to-earnings ratio of 32.64 and a beta of 1.04.

Democratic Large Cap Core ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th will be paid a $0.1917 dividend. The ex-dividend date of this dividend is Monday, December 30th.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.