Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Stock Short Interest Falls 70.8%

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,699 shares, a decline of 70.8% from the September 15th total of 9,249 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 18,373 shares, the days-to-cover ratio is presently 0.1 days.

Astoria US Quality Growth Kings ETF Stock Down 0.4%

GQQQ traded down $0.16 on Monday, reaching $36.52. The company’s stock had a trading volume of 26,707 shares, compared to its average volume of 16,552. The stock has a 50 day moving average of $35.90 and a two-hundred day moving average of $34.62. The company has a market capitalization of $177.49 million, a price-to-earnings ratio of 27.86 and a beta of 1.27. Astoria US Quality Growth Kings ETF has a fifty-two week low of $27.67 and a fifty-two week high of $37.78.

Astoria US Quality Growth Kings ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a dividend of $0.0303 per share. The ex-dividend date of this dividend was Monday, September 28th. This is a decrease from Astoria US Quality Growth Kings ETF’s previous quarterly dividend of $0.0314. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%.

Institutional Trading of Astoria US Quality Growth Kings ETF

An institutional investor recently bought a new stake in Astoria US Quality Growth Kings ETF stock. Sound Income Strategies LLC bought a new stake in Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,638 shares of the company’s stock, valued at approximately $310,000. Sound Income Strategies LLC owned approximately 0.27% of Astoria US Quality Growth Kings ETF at the end of the most recent quarter.

About Astoria US Quality Growth Kings ETF

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.