Keating Active ETF (NASDAQ:KEAT) Sees Large Drop in Short Interest

Keating Active ETF (NASDAQ:KEAT) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 8 shares, a drop of 94.1% from the August 15th total of 136 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,435 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KEAT. JNBA Financial Advisors increased its holdings in Keating Active ETF by 149.3% in the 2nd quarter. JNBA Financial Advisors now owns 1,932 shares of the company’s stock valued at $68,000 after buying an additional 1,157 shares during the period. XML Financial LLC acquired a new position in Keating Active ETF during the 2nd quarter worth about $242,000. Nwam LLC bought a new stake in shares of Keating Active ETF in the 2nd quarter valued at $399,000. Concurrent Investment Advisors LLC acquired a new stake in Keating Active ETF during the second quarter worth approximately $959,000. Finally, Guardian Wealth Advisors LLC NC acquired a new stake in Keating Active ETF in the second quarter worth $2,021,000.

Keating Active ETF Stock Performance

KEAT traded down $0.04 on Friday, reaching $34.50. The company had a trading volume of 103 shares, compared to its average volume of 3,817. Keating Active ETF has a fifty-two week low of $28.76 and a fifty-two week high of $35.32. The stock has a market cap of $124.55 million, a P/E ratio of 10.46 and a beta of 0.14. The company’s fifty day moving average is $33.55 and its 200 day moving average is $33.57.

Keating Active ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.4035 per share. This represents a $1.61 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, June 29th.

Keating Active ETF Company Profile

The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return