Democracy International Fund (NYSEARCA:DMCY) Shares Cross Below 200 Day Moving Average – Here’s Why

Democracy International Fund (NYSEARCA:DMCY)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.15 and traded as low as $25.52. Democracy International Fund shares last traded at $25.52, with a volume of 5 shares traded.

Democracy International Fund Stock Performance

The stock’s 50-day moving average price is $26.39 and its two-hundred day moving average price is $26.15. The stock has a market capitalization of $7.66 million, a PE ratio of 13.91 and a beta of 0.84.

Democracy International Fund Announces Dividend

The company also recently disclosed 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 of this dividend was Friday, September 27th.

Institutional Trading of Democracy International Fund

Several institutional investors have recently bought and sold shares of the company. Sonoma Private Wealth LLC grew its position in Democracy International Fund by 6.7% during the 3rd quarter. Sonoma Private Wealth LLC now owns 16,659 shares of the company’s stock valued at $453,000 after purchasing an additional 1,045 shares during the last quarter. Avalon Capital Management grew its position in Democracy International Fund by 20.4% during the 2nd quarter. Avalon Capital Management now owns 14,755 shares of the company’s stock valued at $377,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its position in Democracy International Fund by 16.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 49,239 shares of the company’s stock valued at $1,340,000 after purchasing an additional 7,093 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.