PeakShares Sector Rotation ETF (NASDAQ:PSTR – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 358 shares, a drop of 96.2% from the August 15th total of 9,486 shares. Based on an average trading volume of 3,633 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.
PeakShares Sector Rotation ETF Stock Down 0.3%
NASDAQ PSTR traded down $0.10 during trading on Thursday, reaching $31.70. 1,003 shares of the stock traded hands, compared to its average volume of 3,867. PeakShares Sector Rotation ETF has a fifty-two week low of $27.18 and a fifty-two week high of $32.35. The firm has a market cap of $65.29 million, a price-to-earnings ratio of -2.52 and a beta of 0.64. The stock’s 50-day moving average price is $31.48 and its 200 day moving average price is $30.40.
PeakShares Sector Rotation ETF Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.385 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, June 23rd. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is currently -11.86%.
Institutional Trading of PeakShares Sector Rotation ETF
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.
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