PeakShares Sector Rotation ETF (NASDAQ:PSTR) Short Interest Update

PeakShares Sector Rotation ETF (NASDAQ:PSTRGet Free Report) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 7,900 shares, a decrease of 45.5% from the August 31st total of 14,500 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 1.4 days. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 1.4 days.

PeakShares Sector Rotation ETF Trading Up 0.2%

Shares of NASDAQ:PSTR opened at $28.63 on Friday. The company has a 50 day moving average of $28.23 and a 200-day moving average of $27.44. The firm has a market cap of $35.21 million and a P/E ratio of -2.28. PeakShares Sector Rotation ETF has a twelve month low of $23.41 and a twelve month high of $30.33.

PeakShares Sector Rotation ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Tuesday, September 23rd were paid a $0.3565 dividend. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $1.43 dividend on an annualized basis and a dividend yield of 5.0%. This is an increase from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.34. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is currently -11.07%.

About PeakShares Sector Rotation ETF

(Get Free Report)

The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance.

Recommended Stories

Receive News & Ratings for PeakShares Sector Rotation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PeakShares Sector Rotation ETF and related companies with MarketBeat.com's FREE daily email newsletter.