Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 5,374 shares, a growth of 321.8% from the April 30th total of 1,274 shares. Based on an average daily trading volume, of 1,267 shares, the days-to-cover ratio is presently 4.2 days. Currently, 1.0% of the company’s stock are sold short.

Royce Quant Small-Cap Quality Value ETF Trading Down 0.3%

Shares of SQLV stock opened at $49.13 on Friday. Royce Quant Small-Cap Quality Value ETF has a 1-year low of $38.32 and a 1-year high of $49.36. The company has a market capitalization of $27.02 million, a price-to-earnings ratio of 12.07 and a beta of 1.02. The stock’s fifty day simple moving average is $46.64 and its 200-day simple moving average is $45.06.

Royce Quant Small-Cap Quality Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Monday, March 16th were issued a dividend of $0.1146 per share. The ex-dividend date was Monday, March 16th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC purchased a new stake in shares of Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 811 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned approximately 0.14% of Royce Quant Small-Cap Quality Value ETF at the end of the most recent quarter.

Royce Quant Small-Cap Quality Value ETF Company Profile

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.