PeakShares Sector Rotation ETF (NASDAQ:PSTR) Stock Short Interest Report for September

PeakShares Sector Rotation ETF (NASDAQ:PSTR) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 5,907 shares, a growth of 363.7% from the September 15th total of 1,274 shares. Based on an average trading volume of 3,917 shares, the short-interest ratio is currently 1.5 days. Approximately 0.3% of the company’s stock are short sold.

PeakShares Sector Rotation ETF Stock Down 0.3%

PSTR traded down $0.08 on Monday, reaching $31.53. The company’s stock had a trading volume of 2,907 shares, compared to its average volume of 3,833. The stock has a 50 day moving average of $31.81 and a two-hundred day moving average of $30.77. The company has a market capitalization of $66.53 million, a price-to-earnings ratio of -2.51 and a beta of 0.65. PeakShares Sector Rotation ETF has a fifty-two week low of $27.18 and a fifty-two week high of $32.35.

PeakShares Sector Rotation ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 23rd were given a $0.4008 dividend. This is a boost from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.3850. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.1%. PeakShares Sector Rotation ETF’s payout ratio is currently -12.18%.

About PeakShares Sector Rotation ETF

The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance. PSTR was launched on Apr 30, 2024 and is issued by Peak.