Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Stock Short Interest Climbs 307.9%

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 29,982 shares, an increase of 307.9% from the August 31st total of 7,350 shares. Based on an average daily volume of 4,573 shares, the short-interest ratio is presently 6.6 days. Currently, 4.0% of the company’s shares are short sold.

Royce Quant Small-Cap Quality Value ETF Stock Up 0.5%

NASDAQ:SQLV traded up $0.26 on Friday, hitting $51.74. The stock had a trading volume of 4,596 shares, compared to its average volume of 2,981. The company has a fifty day moving average price of $53.60 and a two-hundred day moving average price of $49.98. Royce Quant Small-Cap Quality Value ETF has a 1-year low of $39.95 and a 1-year high of $55.30. The stock has a market cap of $38.81 million, a price-to-earnings ratio of 12.07 and a beta of 1.00.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, September 14th were given a dividend of $0.1520 per share. This represents a $0.61 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, September 14th. This is a boost from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.1236.

About Royce Quant Small-Cap Quality Value ETF

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.