Democracy International Fund (NYSEARCA:DMCY) Stock Price Down 0.1% – Here’s What Happened

Democracy International Fund (NYSEARCA:DMCY)’s share price was down 0.1% during mid-day trading on Monday . The company traded as low as $25.97 and last traded at $25.97. Approximately 385 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 1,634 shares. The stock had previously closed at $26.00.

Democracy International Fund Trading Down 0.1 %

The firm’s fifty day moving average is $26.57 and its 200 day moving average is $26.14. The company has a market cap of $7.79 million, a PE ratio of 13.91 and a beta of 0.84.

Democracy International Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 27th were given a dividend of $0.0687 per share. The ex-dividend date was Friday, September 27th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DMCY. Avalon Capital Management raised its holdings in shares of Democracy International Fund by 20.4% during the second quarter. Avalon Capital Management now owns 14,755 shares of the company’s stock valued at $377,000 after acquiring an additional 2,500 shares during the last quarter. Sonoma Private Wealth LLC increased its position in shares of Democracy International Fund by 6.7% during the third quarter. Sonoma Private Wealth LLC now owns 16,659 shares of the company’s stock worth $453,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its stake in Democracy International Fund by 1.8% in the 1st quarter. Kingsview Wealth Management LLC now owns 38,566 shares of the company’s stock valued at $992,000 after purchasing an additional 681 shares during the last quarter.

Democracy International Fund Company Profile

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries.