Keating Active ETF (NASDAQ:KEAT) Sees Significant Decline in Short Interest

Keating Active ETF (NASDAQ:KEAT) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 100 shares, a decline of 54.1% from the December 31st total of 218 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,619 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,619 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Keating Active ETF

A hedge fund recently raised its stake in Keating Active ETF stock. Keating Investment Counselors Inc. increased its position in shares of Keating Active ETF (NASDAQ:KEAT) by 2.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,219,676 shares of the company’s stock after buying an additional 87,099 shares during the quarter. Keating Active ETF comprises 27.1% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its biggest holding. Keating Investment Counselors Inc. owned about 95.26% of Keating Active ETF worth $95,006,000 at the end of the most recent quarter.

Keating Active ETF Trading Down 2.2%

Shares of NASDAQ KEAT traded down $0.74 during mid-day trading on Friday, reaching $32.40. The company had a trading volume of 47,532 shares, compared to its average volume of 4,187. The firm has a 50 day simple moving average of $31.07 and a two-hundred day simple moving average of $29.60. Keating Active ETF has a 52-week low of $24.99 and a 52-week high of $33.24. The stock has a market cap of $110.16 million, a P/E ratio of 10.46 and a beta of 0.29.

Keating Active ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.2453 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Keating Active ETF Company Profile

The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return