Short Interest in SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Decreases By 32.8%

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQGet Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,772 shares, a decline of 32.8% from the August 15th total of 2,638 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,333 shares, the short-interest ratio is currently 1.3 days.

SRH U.S. Quality GARP ETF Stock Performance

Shares of SRHQ stock traded down $0.14 during mid-day trading on Thursday, reaching $48.33. The company’s stock had a trading volume of 342 shares, compared to its average volume of 634. The company has a market cap of $241.60 million, a P/E ratio of 20.10 and a beta of 0.84. The firm’s 50-day moving average is $48.68 and its two-hundred day moving average is $45.08. SRH U.S. Quality GARP ETF has a 1-year low of $37.22 and a 1-year 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, June 26th. Stockholders of record on Thursday, June 25th were issued a $0.0911 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from SRH U.S. Quality GARP ETF’s previous quarterly dividend of $0.08.

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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