Keating Active ETF (NASDAQ:KEAT) Sees Significant Drop in Short Interest

Keating Active ETF (NASDAQ:KEAT) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 271 shares, a decline of 85.1% from the January 29th total of 1,816 shares. Based on an average daily volume of 3,906 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,906 shares, the short-interest ratio is presently 0.1 days.

Keating Active ETF Price Performance

KEAT traded up $0.33 during trading hours on Friday, reaching $35.22. 13,691 shares of the stock traded hands, compared to its average volume of 4,610. Keating Active ETF has a fifty-two week low of $24.99 and a fifty-two week high of $35.22. The company has a market cap of $119.75 million, a price-to-earnings ratio of 10.46 and a beta of 0.29. The firm’s fifty day simple moving average is $32.47 and its two-hundred day simple moving average is $30.51.

Keating Active ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.2453 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Investors Weigh In On Keating Active ETF

An institutional investor recently raised its position in Keating Active ETF stock. Keating Investment Counselors Inc. grew its holdings in shares of Keating Active ETF (NASDAQ:KEAT) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,219,676 shares of the company’s stock after buying an additional 87,099 shares during the quarter. Keating Active ETF accounts for about 27.1% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its largest holding. Keating Investment Counselors Inc. owned about 95.26% of Keating Active ETF worth $95,006,000 as of its most recent filing with the Securities and Exchange Commission.

About Keating Active ETF

The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return