Keating Active ETF (NASDAQ:KEAT) Stock Short Interest Climbs 3,830,300.0%

Keating Active ETF (NASDAQ:KEAT) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 38,304 shares, an increase of 3,830,300.0% from the October 15th total of 1 shares. Based on an average daily trading volume, of 5,379 shares, the days-to-cover ratio is currently 7.1 days. Currently, 1.0% of the company’s shares are short sold.

Keating Active ETF Trading Down 0.8%

Shares of KEAT stock traded down $0.27 during trading hours on Tuesday, reaching $32.57. The company’s stock had a trading volume of 1,210 shares, compared to its average volume of 3,570. Keating Active ETF has a one year low of $29.38 and a one year high of $35.32. The stock has a market capitalization of $118.87 million, a P/E ratio of 15.03 and a beta of 0.16. The firm’s fifty day simple moving average is $33.45 and its 200 day simple moving average is $33.47.

Keating Active ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.2170 dividend. The ex-dividend date of this dividend was Monday, September 28th. This is a negative change from Keating Active ETF’s previous quarterly dividend of $0.4035. This represents a $0.87 dividend on an annualized basis and a yield of 2.7%.

Institutional Trading of Keating Active ETF

Several large investors have recently added to or reduced their stakes in KEAT. JNBA Financial Advisors raised 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 worth $68,000 after purchasing an additional 1,157 shares in the last quarter. XML Financial LLC bought a new stake in shares of Keating Active ETF during the 2nd quarter valued at about $242,000. Nwam LLC bought a new stake in shares of Keating Active ETF during the 2nd quarter valued at about $399,000. Concurrent Investment Advisors LLC bought a new stake in shares of Keating Active ETF during the 2nd quarter valued at about $959,000. Finally, Guardian Wealth Advisors LLC NC purchased a new position in shares of Keating Active ETF during the second quarter valued at about $2,021,000.

About Keating Active ETF

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