Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Down 96.6% in August

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 3,062 shares, a drop of 96.6% from the July 30th total of 91,082 shares. Based on an average trading volume of 3,856 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.6% of the shares of the stock are short sold.

Royce Quant Small-Cap Quality Value ETF Stock Down 0.1%

Shares of SQLV opened at $54.38 on Thursday. Royce Quant Small-Cap Quality Value ETF has a 12-month low of $39.95 and a 12-month high of $55.30. The business has a 50-day simple moving average of $53.05 and a two-hundred day simple moving average of $48.89. The stock has a market cap of $29.91 million, a PE ratio of 12.07 and a beta of 1.00.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.1236 per share. This represents a $0.49 annualized dividend and a dividend yield of 0.9%. This is an increase from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC bought a new position in shares of Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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.

Royce Quant Small-Cap Quality Value ETF Company Profile

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.