Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Large Growth in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 16,800 shares, a growth of 16,700.0% from the August 31st total of 100 shares. Based on an average trading volume of 22,800 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 22,800 shares, the days-to-cover ratio is presently 0.7 days.

Astoria US Quality Kings ETF Stock Performance

ROE opened at $34.58 on Wednesday. The firm’s 50-day simple moving average is $33.34 and its 200-day simple moving average is $31.34. Astoria US Quality Kings ETF has a twelve month low of $25.42 and a twelve month high of $34.72. The firm has a market cap of $180.16 million, a price-to-earnings ratio of 18.34 and a beta of 1.00.

Hedge Funds Weigh In On Astoria US Quality Kings ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. raised its stake in shares of Astoria US Quality Kings ETF by 87.6% in the second quarter. Osaic Holdings Inc. now owns 33,336 shares of the company’s stock valued at $1,074,000 after acquiring an additional 15,564 shares during the last quarter. Silverlake Wealth Management LLC acquired a new stake in Astoria US Quality Kings ETF during the 2nd quarter valued at $562,000. Jane Street Group LLC acquired a new stake in Astoria US Quality Kings ETF during the 2nd quarter valued at $209,000. Raymond James Financial Inc. acquired a new stake in Astoria US Quality Kings ETF during the 2nd quarter valued at $50,000. Finally, GeoWealth Management LLC grew its holdings in shares of Astoria US Quality Kings ETF by 8.2% during the second quarter. GeoWealth Management LLC now owns 33,197 shares of the company’s stock worth $1,069,000 after purchasing an additional 2,516 shares during the last quarter.

Astoria US Quality Kings ETF Company Profile

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.