Short Interest in Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Expands By 140.0%

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,350 shares, an increase of 140.0% from the August 15th total of 3,062 shares. Based on an average daily trading volume, of 2,278 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.3% of the shares of the company are sold short.

Royce Quant Small-Cap Quality Value ETF Trading Down 0.5%

SQLV traded down $0.28 on Tuesday, hitting $52.78. 291 shares of the company’s stock were exchanged, compared to its average volume of 2,800. The stock has a fifty day moving average of $53.69 and a two-hundred day moving average of $49.60. Royce Quant Small-Cap Quality Value ETF has a twelve month low of $39.95 and a twelve month high of $55.30. The firm has a market cap of $3.17 million, a PE ratio of 12.07 and a beta of 1.00.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, September 14th will be issued a $0.152 dividend. This is a positive change from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.61 annualized dividend and a dividend yield of 1.2%.

About Royce Quant Small-Cap Quality Value ETF

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.