Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Sees Significant Drop in Short Interest

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 5,276 shares, a drop of 82.4% from the September 15th total of 29,982 shares. Based on an average daily trading volume, of 5,620 shares, the short-interest ratio is presently 0.9 days. Approximately 0.7% of the shares of the stock are short sold.

Royce Quant Small-Cap Quality Value ETF Trading Down 0.0%

Shares of NASDAQ SQLV traded down $0.02 during midday trading on Friday, hitting $51.75. 2,415 shares of the company’s stock were exchanged, compared to its average volume of 3,300. Royce Quant Small-Cap Quality Value ETF has a 12-month low of $39.95 and a 12-month high of $55.30. The company has a market cap of $38.81 million, a price-to-earnings ratio of 12.07 and a beta of 1.02. The business’s fifty day moving average price is $53.30 and its two-hundred day moving average price is $50.52.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, September 14th were issued a $0.1520 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Monday, September 14th. This is an increase from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.1236.

About Royce Quant Small-Cap Quality Value ETF

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.