Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Stock Short Interest Falls 70.8%

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 2,699 shares, a decrease of 70.8% from the September 15th total of 9,249 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 18,373 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Astoria US Quality Growth Kings ETF

A hedge fund recently bought a new stake in Astoria US Quality Growth Kings ETF stock. Sound Income Strategies LLC acquired a new position in shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,638 shares of the company’s stock, valued at approximately $310,000. Sound Income Strategies LLC owned 0.27% of Astoria US Quality Growth Kings ETF at the end of the most recent quarter.

Astoria US Quality Growth Kings ETF Stock Performance

Shares of GQQQ traded down $0.16 during mid-day trading on Monday, hitting $36.52. 26,707 shares of the company’s stock were exchanged, compared to its average volume of 16,552. The company has a market cap of $177.49 million, a price-to-earnings ratio of 27.86 and a beta of 1.27. Astoria US Quality Growth Kings ETF has a fifty-two week low of $27.67 and a fifty-two week high of $37.78. The stock’s 50-day moving average is $35.90 and its 200-day moving average is $34.62.

Astoria US Quality Growth Kings ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.0303 per share. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 28th. This is a decrease from Astoria US Quality Growth Kings ETF’s previous quarterly dividend of $0.0314.

Astoria US Quality Growth Kings ETF Company Profile

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.