Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Significant Drop in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 982 shares, a decrease of 88.3% from the September 30th total of 8,371 shares. Based on an average daily trading volume, of 126,846 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Astoria US Quality Kings ETF Trading Up 0.7%

Shares of ROE traded up $0.32 during midday trading on Tuesday, reaching $43.28. 7,620 shares of the stock were exchanged, compared to its average volume of 38,939. The company has a market capitalization of $257.52 million, a P/E ratio of 18.34 and a beta of 1.04. The company’s 50 day moving average is $43.24 and its two-hundred day moving average is $40.28. Astoria US Quality Kings ETF has a 52 week low of $33.11 and a 52 week 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 given a $0.0869 dividend. This represents a $0.35 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, September 28th. This is an increase from Astoria US Quality Kings ETF’s previous quarterly dividend of $0.0833.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Apollon Wealth Management LLC purchased a new position in shares of Astoria US Quality Kings ETF during the third quarter worth $287,000. Revolve Wealth Partners LLC acquired a new stake in shares of Astoria US Quality Kings ETF during the 3rd quarter worth approximately $17,997,000. L.K. Benson & Company P.C. purchased a new position in shares of Astoria US Quality Kings ETF during the 3rd quarter valued at approximately $1,297,000. Axxcess Wealth Management LLC acquired a new position in shares of Astoria US Quality Kings ETF in the 3rd quarter valued at $461,000. Finally, Wavvest Wealth LLC acquired a new stake in Astoria US Quality Kings ETF during the third quarter valued at $134,000.

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.