Keating Active ETF (NASDAQ:KEAT) Stock Short Interest Jumps 3,830,300.0%

Keating Active ETF (NASDAQ:KEAT) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 38,304 shares, an increase of 3,830,300.0% from the October 15th total of 1 shares. Based on an average daily volume of 5,379 shares, the days-to-cover ratio is currently 7.1 days. Approximately 1.0% of the shares of the stock are sold short.

Keating Active ETF Stock Down 0.1%

Shares of NASDAQ:KEAT opened at $32.53 on Thursday. The business has a fifty day moving average of $33.37 and a two-hundred day moving average of $33.47. The stock has a market cap of $118.75 million, a P/E ratio of 15.03 and a beta of 0.16. Keating Active ETF has a 52-week low of $29.38 and a 52-week high of $35.32.

Keating Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were paid a dividend of $0.2170 per share. This represents a $0.87 dividend on an annualized basis and a yield of 2.7%. This is a drop from Keating Active ETF’s previous quarterly dividend of $0.4035. The ex-dividend date of this dividend was Monday, September 28th.

Institutional Investors Weigh In On Keating Active ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KEAT. JNBA Financial Advisors lifted its position in Keating Active ETF by 149.3% in the second quarter. JNBA Financial Advisors now owns 1,932 shares of the company’s stock valued at $68,000 after buying an additional 1,157 shares during the last quarter. XML Financial LLC purchased a new stake in shares of Keating Active ETF during the second quarter worth approximately $242,000. Nwam LLC purchased a new stake in shares of Keating Active ETF in the 2nd quarter valued at approximately $399,000. Concurrent Investment Advisors LLC acquired a new stake in Keating Active ETF in the second quarter valued at $959,000. Finally, Guardian Wealth Advisors LLC NC purchased a new position in shares of Keating Active ETF in the 2nd quarter valued at about $2,021,000.

Keating Active ETF Company Profile

The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return