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

Astoria US Quality Kings ETF (NASDAQ:ROE) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,649 shares, a decrease of 70.5% from the August 15th total of 32,678 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 20,081 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Astoria US Quality Kings ETF

A number of large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in Astoria US Quality Kings ETF during the second quarter worth $50,000. Sound Income Strategies LLC acquired a new position in Astoria US Quality Kings ETF in the 1st quarter valued at about $137,000. Lloyd Advisory Services LLC. bought a new position in Astoria US Quality Kings ETF in the 4th quarter valued at about $222,000. Jane Street Group LLC acquired a new stake in Astoria US Quality Kings ETF during the second quarter worth approximately $209,000. Finally, Ausdal Financial Partners Inc. acquired a new stake in Astoria US Quality Kings ETF during the third quarter worth approximately $235,000.

Astoria US Quality Kings ETF Trading Up 1.4%

Shares of Astoria US Quality Kings ETF stock traded up $0.59 during trading on Friday, hitting $43.32. 19,553 shares of the stock were exchanged, compared to its average volume of 34,875. Astoria US Quality Kings ETF has a 1-year low of $33.11 and a 1-year high of $44.42. The stock has a market capitalization of $275.08 million, a price-to-earnings ratio of 18.34 and a beta of 1.03. The company has a fifty day moving average price of $42.94 and a 200-day moving average price of $40.42.

Astoria US Quality Kings ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were paid a dividend of $0.0833 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, June 29th.

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.