Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Large Increase in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 28,931 shares, an increase of 199.8% from the August 31st total of 9,649 shares. Based on an average daily volume of 22,860 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the company’s stock are sold short.

Astoria US Quality Kings ETF Stock Performance

Shares of Astoria US Quality Kings ETF stock traded up $0.32 during midday trading on Friday, reaching $43.17. 8,908 shares of the company’s stock traded hands, compared to its average volume of 34,919. Astoria US Quality Kings ETF has a 52 week low of $33.11 and a 52 week high of $44.42. The company’s 50 day simple moving average is $43.13 and its 200 day simple moving average is $40.81. The company has a market cap of $283.20 million, a price-to-earnings ratio of 18.34 and a beta of 1.03.

Hedge Funds Weigh In On Astoria US Quality Kings ETF

Institutional investors have recently modified their holdings of the company. Greenwich Wealth Management LLC lifted its stake in shares of Astoria US Quality Kings ETF by 66.5% in the fourth quarter. Greenwich Wealth Management LLC now owns 194,567 shares of the company’s stock worth $6,862,000 after buying an additional 77,742 shares during the last quarter. Puff Wealth Management LLC bought a new position in Astoria US Quality Kings ETF in the 2nd quarter worth $2,802,000. World Investment Advisors acquired a new position in Astoria US Quality Kings ETF during the 4th quarter worth $2,123,000. Bluedoor Private Wealth LLC acquired a new position in Astoria US Quality Kings ETF during the 4th quarter worth $1,531,000. Finally, Omnitrust Wealth Management Inc bought a new stake in Astoria US Quality Kings ETF during the fourth quarter valued at about $804,000.

Astoria US Quality Kings ETF Company Profile

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.