Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 91,082 shares, a growth of 1,666.2% from the July 15th total of 5,157 shares. Approximately 16.6% of the company’s stock are short sold. Based on an average daily trading volume, of 19,437 shares, the days-to-cover ratio is currently 4.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC purchased a new position in shares of Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 811 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned approximately 0.14% of Royce Quant Small-Cap Quality Value ETF at the end of the most recent quarter.

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

Shares of SQLV traded down $0.02 on Tuesday, reaching $54.57. The company’s stock had a trading volume of 4,356 shares, compared to its average volume of 2,771. Royce Quant Small-Cap Quality Value ETF has a twelve month low of $39.95 and a twelve month high of $55.30. The stock has a market capitalization of $30.01 million, a PE ratio of 12.07 and a beta of 1.00. The firm has a fifty day moving average of $51.85 and a 200-day moving average of $48.11.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.1236 dividend. This represents a $0.49 annualized dividend and a dividend yield of 0.9%. This is a boost from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, June 15th.

Royce Quant Small-Cap Quality Value ETF Company Profile

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.