Astoria US Quality Kings ETF (NASDAQ:ROE) Stock Short Interest Rises 216.0%

Astoria US Quality Kings ETF (NASDAQ:ROE) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 3,103 shares, a growth of 216.0% from the October 15th total of 982 shares. Based on an average trading volume of 19,258 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Astoria US Quality Kings ETF Stock Performance

Shares of NASDAQ:ROE traded down $0.22 during midday trading on Thursday, hitting $42.69. 29,148 shares of the stock were exchanged, compared to its average volume of 38,400. The company has a market capitalization of $251.87 million, a PE ratio of 17.58 and a beta of 1.03. Astoria US Quality Kings ETF has a 52-week low of $33.11 and a 52-week high of $44.42. The business’s fifty day simple moving average is $42.99 and its two-hundred day simple moving average is $40.64.

Astoria US Quality Kings ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a dividend of $0.0869 per share. The ex-dividend date was Monday, September 28th. This represents a $0.35 annualized dividend and a dividend yield of 0.8%. This is a positive change from Astoria US Quality Kings ETF’s previous quarterly dividend of $0.0833.

Hedge Funds Weigh In On Astoria US Quality Kings ETF

Hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC acquired a new position in shares of Astoria US Quality Kings ETF during the 3rd quarter worth $36,000. Quest 10 Wealth Builders Inc. acquired a new stake in shares of Astoria US Quality Kings ETF in the 3rd quarter valued at $43,000. Signature Equity Partners LLC bought a new stake in Astoria US Quality Kings ETF in the third quarter worth $74,000. Wavvest Wealth LLC bought a new stake in Astoria US Quality Kings ETF in the third quarter worth $134,000. Finally, Hudock Inc. bought a new stake in Astoria US Quality Kings ETF in the third quarter worth $152,000.

Astoria US Quality Kings ETF Company Profile

The Astoria US Quality Kings ETF (ROE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides long-term capital appreciation by investing in 100 high-quality US stocks in the large- and mid-cap space based on proprietary quantitative screens. Holdings are equally weighted, and sector optimized. ROE was launched on Aug 1, 2023 and is issued by Astoria.