Astoria US Quality Kings ETF (NASDAQ:ROE) Short Interest Down 70.5% in August

Astoria US Quality Kings ETF (NASDAQ:ROEGet Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 9,649 shares, a decrease of 70.5% from the August 15th total of 32,678 shares. Based on an average trading volume of 20,081 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Astoria US Quality Kings ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC purchased a new position in Astoria US Quality Kings ETF during the 1st quarter valued at $137,000. Lloyd Advisory Services LLC. purchased a new stake in Astoria US Quality Kings ETF in the fourth quarter worth $222,000. Sanctuary Advisors LLC bought a new stake in shares of Astoria US Quality Kings ETF during the first quarter worth $255,000. Omnitrust Wealth Management Inc bought a new stake in shares of Astoria US Quality Kings ETF during the fourth quarter worth $804,000. Finally, HighTower Advisors LLC boosted its stake in shares of Astoria US Quality Kings ETF by 24.9% during the fourth quarter. HighTower Advisors LLC now owns 33,957 shares of the company’s stock valued at $1,198,000 after purchasing an additional 6,776 shares during the period.

Astoria US Quality Kings ETF Trading Down 0.8%

Shares of ROE stock traded down $0.34 during trading hours on Monday, reaching $42.98. 39,577 shares of the stock were exchanged, compared to its average volume of 34,902. The firm has a market capitalization of $300.82 million, a price-to-earnings ratio of 18.34 and a beta of 1.03. Astoria US Quality Kings ETF has a 12-month low of $33.11 and a 12-month high of $44.42. The company’s 50-day moving average price is $42.95 and its 200-day moving average price is $40.48.

Astoria US Quality Kings ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.0833 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, June 29th.

About Astoria US Quality Kings ETF

(Get Free Report)

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.

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