Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Significant Decline in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 19,225 shares, a decline of 71.7% from the January 29th total of 68,007 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 20,137 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 20,137 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s shares are short sold.

Astoria US Quality Kings ETF Stock Performance

NASDAQ ROE opened at $37.86 on Thursday. The firm has a market capitalization of $215.80 million, a price-to-earnings ratio of 18.34 and a beta of 1.07. Astoria US Quality Kings ETF has a one year low of $25.42 and a one year high of $38.00. The company’s 50 day moving average price is $36.62 and its 200 day moving average price is $35.10.

Hedge Funds Weigh In On Astoria US Quality Kings ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Beacon Capital Management Inc. purchased a new stake in shares of Astoria US Quality Kings ETF during the third quarter worth about $13,341,000. Janney Montgomery Scott LLC acquired a new stake in Astoria US Quality Kings ETF during the 4th quarter valued at approximately $10,279,000. Vermillion & White Wealth Management Group LLC increased its holdings in Astoria US Quality Kings ETF by 4.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 278,325 shares of the company’s stock worth $9,829,000 after purchasing an additional 11,524 shares during the last quarter. Greenwich Wealth Management LLC raised its position in shares of Astoria US Quality Kings ETF by 66.5% in the 4th quarter. Greenwich Wealth Management LLC now owns 194,567 shares of the company’s stock valued at $6,862,000 after purchasing an additional 77,742 shares in the last quarter. Finally, Oregon Pacific Wealth Management LLC boosted its stake in shares of Astoria US Quality Kings ETF by 3.4% during the 3rd quarter. Oregon Pacific Wealth Management LLC now owns 182,455 shares of the company’s stock valued at $6,308,000 after buying an additional 6,051 shares during the last quarter.

About Astoria US Quality Kings ETF

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.