Short Interest in Democratic Large Cap Core ETF (NASDAQ:DEMZ) Increases By 39.5%

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

Democratic Large Cap Core ETF Trading Down 1.1 %

DEMZ traded down $0.41 during trading on Monday, hitting $36.20. The stock had a trading volume of 6,247 shares, compared to its average volume of 2,746. Democratic Large Cap Core ETF has a 12 month low of $28.55 and a 12 month high of $37.97. The company has a 50 day simple moving average of $36.64 and a 200-day simple moving average of $35.49. The firm has a market cap of $39.10 million, a PE ratio of 32.64 and a beta of 1.04.

Democratic Large Cap Core ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th will be paid a dividend of $0.1917 per share. The ex-dividend date of this dividend is Monday, December 30th.

Hedge Funds Weigh In On Democratic Large Cap Core ETF

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

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.