Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 29,982 shares, a growth of 307.9% from the August 31st total of 7,350 shares. Based on an average daily volume of 4,573 shares, the days-to-cover ratio is currently 6.6 days. Approximately 4.0% of the company’s shares are sold short.

Royce Quant Small-Cap Quality Value ETF Trading Up 0.5%

Royce Quant Small-Cap Quality Value ETF stock traded up $0.26 during midday trading on Friday, hitting $51.74. 4,596 shares of the stock were exchanged, compared to its average volume of 2,981. Royce Quant Small-Cap Quality Value ETF has a fifty-two week low of $39.95 and a fifty-two week high of $55.30. The stock has a market capitalization of $38.81 million, a price-to-earnings ratio of 12.07 and a beta of 1.00. The stock’s 50-day simple moving average is $53.60 and its 200 day simple moving average is $49.98.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, September 14th were paid a $0.1520 dividend. This is a positive change from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.1236. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.61 annualized dividend and a dividend yield of 1.2%.

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.