Astoria US Quality Kings ETF (NASDAQ:ROE) Stock Short Interest Rises 216.0%

Astoria US Quality Kings ETF (NASDAQ:ROE) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 3,103 shares, a growth of 216.0% from the October 15th total of 982 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 19,258 shares, the days-to-cover ratio is currently 0.2 days.

Astoria US Quality Kings ETF Stock Down 0.5%

Astoria US Quality Kings ETF stock traded down $0.22 on Thursday, hitting $42.69. The company’s stock had a trading volume of 29,148 shares, compared to its average volume of 38,400. The firm has a market cap of $251.87 million, a P/E ratio of 17.58 and a beta of 1.03. The company has a fifty day moving average price of $42.99 and a 200-day moving average price of $40.64. Astoria US Quality Kings ETF has a one year low of $33.11 and a one year high of $44.42.

Astoria US Quality Kings ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a dividend of $0.0869 per share. This is an increase from Astoria US Quality Kings ETF’s previous quarterly dividend of $0.0833. The ex-dividend date was Monday, September 28th. This represents a $0.35 annualized dividend and a dividend yield of 0.8%.

Institutional Trading of Astoria US Quality Kings ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new position in Astoria US Quality Kings ETF during the third quarter worth about $423,000. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Astoria US Quality Kings ETF in the 3rd quarter valued at approximately $13,099,000. Bryn Mawr Trust Advisors LLC acquired a new position in shares of Astoria US Quality Kings ETF in the 3rd quarter worth approximately $239,000. Almanack Investment Partners LLC. acquired a new position in shares of Astoria US Quality Kings ETF in the 3rd quarter worth approximately $308,000. Finally, Beam Wealth Advisors Inc. bought a new position in shares of Astoria US Quality Kings ETF during the 3rd quarter worth approximately $436,000.

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.