Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 91,082 shares, an increase of 1,666.2% from the July 15th total of 5,157 shares. Based on an average daily volume of 19,437 shares, the days-to-cover ratio is currently 4.7 days. Currently, 16.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On Royce Quant Small-Cap Quality Value ETF

A hedge fund recently bought a new stake in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC acquired a new position in Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 811 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned about 0.14% of Royce Quant Small-Cap Quality Value ETF at the end of the most recent reporting period.

Royce Quant Small-Cap Quality Value ETF Stock Down 0.0%

Shares of Royce Quant Small-Cap Quality Value ETF stock opened at $54.57 on Wednesday. The firm has a market cap of $30.01 million, a price-to-earnings ratio of 12.07 and a beta of 1.00. The business has a fifty day simple moving average of $51.95 and a 200-day simple moving average of $48.18. Royce Quant Small-Cap Quality Value ETF has a fifty-two week low of $39.95 and a fifty-two week high of $55.30.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.1236 dividend. This represents a $0.49 annualized dividend and a yield of 0.9%. This is a boost from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Monday, June 15th.

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.