SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Shares Shorted: Short Interest Down 65.4% in September

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 739 shares, a decline of 65.4% from the September 15th total of 2,134 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 765 shares, the days-to-cover ratio is presently 1.0 days.

SRH U.S. Quality GARP ETF Stock Performance

NYSEARCA SRHQ traded up $0.06 on Tuesday, reaching $48.03. The company had a trading volume of 12 shares, compared to its average volume of 637. The company’s fifty day moving average is $48.68 and its 200-day moving average is $45.96. The firm has a market capitalization of $213.73 million, a price-to-earnings ratio of 20.10 and a beta of 0.86. SRH U.S. Quality GARP ETF has a 1-year low of $37.22 and a 1-year high of $50.36.

SRH U.S. Quality GARP ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 24th were issued a $0.0918 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from SRH U.S. Quality GARP ETF’s previous quarterly dividend of $0.0911. The ex-dividend date was Thursday, September 24th.

About SRH U.S. Quality GARP ETF

The SRH U.S. Quality ETF (SRHQ) is an exchange-traded fund that is based on the SRH US Quality index. The fund tracks an equally weighted index of US large-cap stocks screened based on three fundamental factors: value, growth, and quality. SRHQ was launched on Oct 5, 2022 and is managed by SRH.