Short Interest in Astoria US Quality Kings ETF (NASDAQ:ROE) Declines By 44.0%

Astoria US Quality Kings ETF (NASDAQ:ROE) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 15,449 shares, a decline of 44.0% from the May 31st total of 27,569 shares. Based on an average trading volume of 20,754 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

Astoria US Quality Kings ETF Stock Performance

Astoria US Quality Kings ETF stock opened at $41.90 on Friday. The company has a 50 day moving average price of $40.99 and a 200 day moving average price of $38.13. Astoria US Quality Kings ETF has a 52 week low of $31.68 and a 52 week high of $43.03. The firm has a market capitalization of $260.20 million, a price-to-earnings ratio of 18.34 and a beta of 1.02.

Astoria US Quality Kings ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a $0.0833 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in Astoria US Quality Kings ETF in the 2nd quarter worth about $50,000. Sound Income Strategies LLC purchased a new position in Astoria US Quality Kings ETF during the 1st quarter valued at about $137,000. Jane Street Group LLC acquired a new position in shares of Astoria US Quality Kings ETF in the 2nd quarter valued at about $209,000. Lloyd Advisory Services LLC. acquired a new position in shares of Astoria US Quality Kings ETF in the 4th quarter valued at about $222,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Astoria US Quality Kings ETF in the third quarter worth approximately $235,000.

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.