Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Shares Shorted: Short Interest Down 70.8% in September

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 2,699 shares, a drop of 70.8% from the September 15th total of 9,249 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 18,373 shares, the short-interest ratio is currently 0.1 days.

Astoria US Quality Growth Kings ETF Stock Performance

Astoria US Quality Growth Kings ETF stock opened at $36.48 on Wednesday. The company’s 50 day simple moving average is $35.94 and its 200-day simple moving average is $34.72. Astoria US Quality Growth Kings ETF has a 1 year low of $27.67 and a 1 year high of $37.78. The company has a market capitalization of $177.29 million, a price-to-earnings ratio of 27.86 and a beta of 1.27.

Astoria US Quality Growth Kings ETF Cuts Dividend

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

Institutional Trading of 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 purchased a new position in shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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.