Democracy International Fund (NYSEARCA:DMCY) Shares Up 0.6% – Should You Buy?

Democracy International Fund (NYSEARCA:DMCY)’s share price was up 0.6% during trading on Friday . The company traded as high as $26.81 and last traded at $26.81. Approximately 636 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 1,711 shares. The stock had previously closed at $26.66.

Democracy International Fund Price Performance

The firm has a market cap of $8.04 million, a price-to-earnings ratio of 13.91 and a beta of 0.84. The firm has a fifty day simple moving average of $26.65 and a two-hundred day simple moving average of $26.01.

Democracy International Fund Dividend Announcement

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

Hedge Funds Weigh In On Democracy International Fund

Hedge funds have recently made changes to their positions in the company. Avalon Capital Management raised its position in 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 in the last quarter. Sonoma Private Wealth LLC lifted its position in shares of Democracy International Fund by 6.7% in the third quarter. Sonoma Private Wealth LLC now owns 16,659 shares of the company’s stock valued at $453,000 after acquiring an additional 1,045 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its stake in Democracy International Fund by 1.8% during the 1st quarter. Kingsview Wealth Management LLC now owns 38,566 shares of the company’s stock worth $992,000 after purchasing an additional 681 shares during the last quarter.

About Democracy International Fund

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.