Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Sees Large Growth in Short Interest

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 35,475 shares, an increase of 151.5% from the January 15th total of 14,108 shares. Based on an average daily trading volume, of 15,148 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 15,148 shares, the days-to-cover ratio is presently 2.3 days.

Astoria US Quality Growth Kings ETF Trading Up 0.1%

Shares of NASDAQ GQQQ traded up $0.02 during midday trading on Friday, reaching $30.18. The company’s stock had a trading volume of 8,569 shares, compared to its average volume of 15,889. Astoria US Quality Growth Kings ETF has a fifty-two week low of $20.25 and a fifty-two week high of $31.34. The stock has a 50 day simple moving average of $30.41 and a 200-day simple moving average of $29.53. The stock has a market capitalization of $105.63 million, a price-to-earnings ratio of 27.86 and a beta of 1.21.

Astoria US Quality Growth Kings ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.0368 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Tuesday, December 23rd.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Astoria US Quality Growth Kings ETF stock. Ameriprise Financial Inc. purchased a new stake in shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,078 shares of the company’s stock, valued at approximately $298,000. Ameriprise Financial Inc. owned about 0.30% of Astoria US Quality Growth Kings ETF at the end of the most recent reporting period.

About Astoria US Quality Growth Kings ETF

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.