Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Shares Shorted: Short Interest Down 50.2% in September

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 9,249 shares, a drop of 50.2% from the August 31st total of 18,573 shares. Based on an average trading volume of 24,997 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Astoria US Quality Growth Kings ETF Trading Up 0.1%

Shares of Astoria US Quality Growth Kings ETF stock traded up $0.05 during trading hours on Tuesday, reaching $36.08. The stock had a trading volume of 5,486 shares, compared to its average volume of 16,206. The firm has a market capitalization of $172.82 million, a price-to-earnings ratio of 27.86 and a beta of 1.28. Astoria US Quality Growth Kings ETF has a 1 year low of $27.67 and a 1 year high of $37.78. The firm has a 50 day simple moving average of $35.56 and a two-hundred day simple moving average of $34.19.

Astoria US Quality Growth Kings ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 28th will be issued a $0.0303 dividend. The ex-dividend date is Monday, September 28th. This is a negative change from Astoria US Quality Growth Kings ETF’s previous quarterly dividend of $0.0314. This represents a $0.12 annualized dividend and a yield of 0.3%.

Institutional Investors Weigh In On Astoria US Quality Growth Kings ETF

An institutional investor recently bought a new stake in Astoria US Quality Growth Kings ETF stock. Sound Income Strategies LLC acquired a new position in Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,638 shares of the company’s stock, valued at approximately $310,000. Sound Income Strategies LLC owned approximately 0.27% of Astoria US Quality Growth Kings ETF as of its most recent SEC filing.

About Astoria US Quality Growth Kings ETF

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.