Short Interest in Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Expands By 140.0%

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,350 shares, an increase of 140.0% from the August 15th total of 3,062 shares. Based on an average daily trading volume, of 2,278 shares, the short-interest ratio is currently 3.2 days. Approximately 1.3% of the shares of the stock are short sold.

Royce Quant Small-Cap Quality Value ETF Stock Up 0.6%

NASDAQ SQLV traded up $0.34 during trading on Friday, hitting $53.03. 2,277 shares of the stock traded hands, compared to its average volume of 2,688. The company has a market capitalization of $29.17 million, a P/E ratio of 12.07 and a beta of 1.00. The firm has a 50-day simple moving average of $53.69 and a 200-day simple moving average of $49.52. Royce Quant Small-Cap Quality Value ETF has a 12-month low of $39.95 and a 12-month high of $55.30.

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.