Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Large Drop in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 8,371 shares, a drop of 71.1% from the September 15th total of 28,931 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,650 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in shares of Astoria US Quality Kings ETF during the 1st quarter worth $137,000. Sanctuary Advisors LLC acquired a new stake in shares of Astoria US Quality Kings ETF in the 1st quarter valued at $255,000. Compound Planning Inc. lifted its stake in shares of Astoria US Quality Kings ETF by 73.4% in the 1st quarter. Compound Planning Inc. now owns 37,210 shares of the company’s stock valued at $1,318,000 after purchasing an additional 15,750 shares during the last quarter. Latitude Advisors LLC boosted its holdings in Astoria US Quality Kings ETF by 5.6% in the first quarter. Latitude Advisors LLC now owns 37,588 shares of the company’s stock worth $1,332,000 after purchasing an additional 1,985 shares in the last quarter. Finally, Bluedoor Private Wealth LLC bought a new stake in Astoria US Quality Kings ETF in the fourth quarter worth $1,531,000.

Astoria US Quality Kings ETF Stock Performance

Shares of NASDAQ ROE traded down $0.05 during trading on Tuesday, hitting $43.50. The company had a trading volume of 979,492 shares, compared to its average volume of 39,938. Astoria US Quality Kings ETF has a 52 week low of $33.11 and a 52 week high of $44.42. The business’s 50-day moving average is $43.41 and its 200 day moving average is $41.40. The company has a market cap of $293.62 million, a P/E ratio of 18.34 and a beta of 1.04.

Astoria US Quality Kings ETF Increases Dividend

The business also recently announced 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. This is a positive change from Astoria US Quality Kings ETF’s previous quarterly dividend of $0.0833. This represents a $0.35 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, September 28th.

About Astoria US Quality Kings ETF

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.