SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Sees Large Drop in Short Interest

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 739 shares, a decrease of 65.4% from the September 15th total of 2,134 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 765 shares, the days-to-cover ratio is currently 1.0 days.

SRH U.S. Quality GARP ETF Stock Performance

Shares of NYSEARCA:SRHQ traded up $0.06 during trading on Monday, hitting $47.98. The company’s stock had a trading volume of 225 shares, compared to its average volume of 643. The business has a 50 day moving average price of $48.71 and a two-hundred day moving average price of $45.86. The company has a market capitalization of $213.53 million, a PE ratio of 20.10 and a beta of 0.86. SRH U.S. Quality GARP ETF has a fifty-two week low of $37.22 and a fifty-two week high of $50.36.

SRH U.S. Quality GARP ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Thursday, September 24th were paid a dividend of $0.0918 per share. This represents a $0.37 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from SRH U.S. Quality GARP ETF’s previous quarterly dividend of $0.0911.

SRH U.S. Quality GARP ETF Company Profile

(Get Free Report)

The SRH U.S. Quality ETF (SRHQ) is an exchange-traded fund that is based on the SRH US Quality index. The fund tracks an equally weighted index of US large-cap stocks screened based on three fundamental factors: value, growth, and quality. SRHQ was launched on Oct 5, 2022 and is managed by SRH.

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