Astoria US Quality Kings ETF (NASDAQ:ROE) Stock Short Interest Drops 71.1%

Astoria US Quality Kings ETF (NASDAQ:ROE) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 8,371 shares, a drop of 71.1% from the September 15th total of 28,931 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 31,650 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Astoria US Quality Kings ETF

Institutional investors have recently bought and sold shares of the company. Puff Wealth Management LLC bought a new stake in Astoria US Quality Kings ETF in the 3rd quarter valued at about $3,132,000. World Investment Advisors bought a new stake in shares of Astoria US Quality Kings ETF in the fourth quarter valued at approximately $2,123,000. Bluedoor Private Wealth LLC bought a new stake in shares of Astoria US Quality Kings ETF in the fourth quarter valued at approximately $1,531,000. Compound Planning Inc. lifted its stake in shares of Astoria US Quality Kings ETF by 73.4% during the 1st quarter. Compound Planning Inc. now owns 37,210 shares of the company’s stock valued at $1,318,000 after buying an additional 15,750 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Astoria US Quality Kings ETF during the 1st quarter valued at approximately $255,000.

Astoria US Quality Kings ETF Stock Performance

NASDAQ:ROE traded down $0.14 during trading on Monday, reaching $43.56. The company’s stock had a trading volume of 21,554 shares, compared to its average volume of 35,078. The firm has a market cap of $294.06 million, a price-to-earnings ratio of 18.34 and a beta of 1.04. The firm has a 50 day moving average of $43.39 and a 200-day moving average of $41.35. Astoria US Quality Kings ETF has a 12 month low of $33.11 and a 12 month high of $44.42.

Astoria US Quality Kings ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.0869 per share. This represents a $0.35 dividend on an annualized basis and a yield of 0.8%. This is a boost from Astoria US Quality Kings ETF’s previous quarterly dividend of $0.0833. The ex-dividend date was Monday, September 28th.

About Astoria US Quality Kings ETF

The Astoria US Quality Kings ETF (ROE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides long-term capital appreciation by investing in 100 high-quality US stocks in the large- and mid-cap space based on proprietary quantitative screens. Holdings are equally weighted, and sector optimized. ROE was launched on Aug 1, 2023 and is issued by Astoria.