Astoria US Quality Kings ETF (NASDAQ:ROE) Short Interest Down 70.5% in August

Astoria US Quality Kings ETF (NASDAQ:ROE) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,649 shares, a decrease of 70.5% from the August 15th total of 32,678 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 20,081 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in Astoria US Quality Kings ETF during the 4th quarter worth approximately $10,279,000. Greenwich Wealth Management LLC grew its holdings in Astoria US Quality Kings ETF by 66.5% during the 4th quarter. Greenwich Wealth Management LLC now owns 194,567 shares of the company’s stock worth $6,862,000 after acquiring an additional 77,742 shares during the last quarter. Puff Wealth Management LLC acquired a new position in Astoria US Quality Kings ETF in the 2nd quarter valued at approximately $2,802,000. World Investment Advisors bought a new position in shares of Astoria US Quality Kings ETF during the fourth quarter valued at $2,123,000. Finally, Bluedoor Private Wealth LLC bought a new position in shares of Astoria US Quality Kings ETF during the fourth quarter valued at $1,531,000.

Astoria US Quality Kings ETF Stock Performance

Shares of ROE traded up $0.59 during mid-day trading on Friday, reaching $43.32. The company had a trading volume of 19,553 shares, compared to its average volume of 34,875. The company has a market capitalization of $275.08 million, a price-to-earnings ratio of 18.34 and a beta of 1.03. The company’s 50 day simple moving average is $42.94 and its 200 day simple moving average is $40.42. Astoria US Quality Kings ETF has a 1-year low of $33.11 and a 1-year high of $44.42.

Astoria US Quality Kings ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0833 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, June 29th.

Astoria US Quality Kings ETF Company Profile

The Astoria US Quality Kings ETF (ROE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides long-term capital appreciation by investing in 100 high-quality US stocks in the large- and mid-cap space based on proprietary quantitative screens. Holdings are equally weighted, and sector optimized. ROE was launched on Aug 1, 2023 and is issued by Astoria.