PeakShares Sector Rotation ETF (NASDAQ:PSTR) Short Interest Update

PeakShares Sector Rotation ETF (NASDAQ:PSTRGet 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

A hedge fund recently bought a new position in PeakShares Sector Rotation ETF stock. Mosley Wealth Management acquired a new position in shares of PeakShares Sector Rotation ETF (NASDAQ:PSTRFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 42,899 shares of the company’s stock, valued at approximately $1,230,000. Mosley Wealth Management owned 2.33% of PeakShares Sector Rotation ETF at the end of the most recent quarter.

About PeakShares Sector Rotation ETF

(Get Free Report)

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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