Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 91,082 shares, an increase of 1,666.2% from the July 15th total of 5,157 shares. Based on an average daily volume of 19,437 shares, the short-interest ratio is presently 4.7 days. Approximately 16.6% of the company’s stock are sold short.

Royce Quant Small-Cap Quality Value ETF Price Performance

Shares of SQLV stock traded down $0.02 on Tuesday, reaching $54.57. 4,356 shares of the company were exchanged, compared to its average volume of 2,771. The company has a market cap of $30.01 million, a price-to-earnings ratio of 12.07 and a beta of 1.00. The company has a 50-day moving average of $51.85 and a 200-day moving average of $48.11. Royce Quant Small-Cap Quality Value ETF has a one year low of $39.95 and a one year high of $55.30.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.1236 per share. This is an increase from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.49 dividend on an annualized basis and a yield of 0.9%.

Institutional Investors Weigh In On Royce Quant Small-Cap Quality Value ETF

An institutional investor recently bought a new stake in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC bought a new position in shares of Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 811 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned 0.14% of Royce Quant Small-Cap Quality Value ETF as of its most recent SEC filing.

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.