Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Significant Drop in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 982 shares, a decline of 88.3% from the September 30th total of 8,371 shares. Based on an average daily volume of 126,846 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Astoria US Quality Kings ETF Trading Up 0.7%

NASDAQ ROE traded up $0.32 on Tuesday, reaching $43.28. 7,620 shares of the company were exchanged, compared to its average volume of 38,939. The business’s fifty day moving average price is $43.24 and its 200 day moving average price is $40.28. The stock has a market capitalization of $257.52 million, a P/E ratio of 18.34 and a beta of 1.04. Astoria US Quality Kings ETF has a fifty-two week low of $33.11 and a fifty-two week high of $44.42.

Astoria US Quality Kings ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.0869 per share. This represents a $0.35 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, September 28th. This is a positive change from Astoria US Quality Kings ETF’s previous quarterly dividend of $0.0833.

Institutional Trading of Astoria US Quality Kings ETF

Several hedge funds have recently made changes to their positions in ROE. Wavvest Wealth LLC purchased a new position in Astoria US Quality Kings ETF in the third quarter valued at $134,000. Sound Income Strategies LLC acquired a new stake in Astoria US Quality Kings ETF in the first quarter valued at approximately $137,000. Hudock Inc. purchased a new position in Astoria US Quality Kings ETF in the third quarter worth approximately $152,000. Atticus Wealth Management LLC acquired a new position in Astoria US Quality Kings ETF during the 3rd quarter worth approximately $166,000. Finally, Redwood Family Wealth LLC purchased a new stake in shares of Astoria US Quality Kings ETF in the 3rd quarter valued at approximately $226,000.

About Astoria US Quality Kings ETF

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.