Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 5,374 shares, a growth of 321.8% from the April 30th total of 1,274 shares. Based on an average daily volume of 1,267 shares, the days-to-cover ratio is currently 4.2 days. Currently, 1.0% of the shares of the stock are short sold.

Royce Quant Small-Cap Quality Value ETF Trading Down 0.3%

Shares of NASDAQ SQLV traded down $0.14 during midday trading on Friday, reaching $49.13. The company’s stock had a trading volume of 2,446 shares, compared to its average volume of 1,195. The company has a 50 day moving average price of $46.64 and a 200 day moving average price of $45.06. Royce Quant Small-Cap Quality Value ETF has a one year low of $38.32 and a one year high of $49.36. The company has a market cap of $27.02 million, a price-to-earnings ratio of 12.07 and a beta of 1.02.

Royce Quant Small-Cap Quality Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Monday, March 16th were issued a dividend of $0.1146 per share. The ex-dividend date was Monday, March 16th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Investors Weigh In On Royce Quant Small-Cap Quality Value ETF

A hedge fund recently bought a new stake in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC purchased a new stake in shares of Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 811 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned 0.14% of Royce Quant Small-Cap Quality Value ETF at the end of the most recent reporting period.

About Royce Quant Small-Cap Quality Value ETF

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.