Short Interest in SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Drops By 32.8%

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQGet Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,772 shares, a decrease of 32.8% from the August 15th total of 2,638 shares. Based on an average daily volume of 1,333 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the company’s shares are sold short.

SRH U.S. Quality GARP ETF Stock Down 0.3%

SRHQ stock traded down $0.14 during midday trading on Thursday, reaching $48.33. The company’s stock had a trading volume of 342 shares, compared to its average volume of 634. SRH U.S. Quality GARP ETF has a 52 week low of $37.22 and a 52 week high of $50.36. The stock has a market cap of $241.60 million, a PE ratio of 20.10 and a beta of 0.84. The business’s 50-day simple moving average is $48.68 and its 200-day simple moving average is $45.08.

SRH U.S. Quality GARP ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.0911 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. This is an increase from SRH U.S. Quality GARP ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, June 25th.

SRH U.S. Quality GARP ETF Company Profile

(Get Free Report)

The SRH U.S. Quality ETF (SRHQ) is an exchange-traded fund that is based on the SRH US Quality index. The fund tracks an equally weighted index of US large-cap stocks screened based on three fundamental factors: value, growth, and quality. SRHQ was launched on Oct 5, 2022 and is managed by SRH.

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