PeakShares Sector Rotation ETF (NASDAQ:PSTR) Short Interest Update

PeakShares Sector Rotation ETF (NASDAQ:PSTRGet Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 358 shares, a drop of 96.2% from the August 15th total of 9,486 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,633 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in PeakShares Sector Rotation ETF stock. Mosley Wealth Management purchased a new stake in PeakShares Sector Rotation ETF (NASDAQ:PSTRFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 42,899 shares of the company’s stock, valued at approximately $1,230,000. Mosley Wealth Management owned 2.33% of PeakShares Sector Rotation ETF as of its most recent SEC filing.

PeakShares Sector Rotation ETF Trading Down 0.3%

Shares of NASDAQ:PSTR traded down $0.10 during trading on Thursday, hitting $31.70. 1,003 shares of the company’s stock traded hands, compared to its average volume of 3,867. PeakShares Sector Rotation ETF has a 52 week low of $27.18 and a 52 week high of $32.35. The company has a market cap of $65.29 million, a price-to-earnings ratio of -2.52 and a beta of 0.64. The company has a 50-day moving average price of $31.48 and a 200-day moving average price of $30.40.

PeakShares Sector Rotation ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.385 per share. This represents a $1.54 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, June 23rd. PeakShares Sector Rotation ETF’s dividend payout ratio is presently -11.86%.

About PeakShares Sector Rotation ETF

(Get Free Report)

The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance. PSTR was launched on Apr 30, 2024 and is issued by Peak.

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