Keating Active ETF (NASDAQ:KEAT) Stock Short Interest Drops 75.0%

Keating Active ETF (NASDAQ:KEAT) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 2 shares, a drop of 75.0% from the August 31st total of 8 shares. Based on an average daily volume of 3,621 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Keating Active ETF

Several hedge funds have recently made changes to their positions in KEAT. Members Advisory Group LLC grew its position in Keating Active ETF by 78.5% in the second quarter. Members Advisory Group LLC now owns 311,190 shares of the company’s stock worth $10,913,000 after acquiring an additional 136,871 shares in the last quarter. Unique Wealth LLC raised its position in Keating Active ETF by 17.7% during the second quarter. Unique Wealth LLC now owns 428,462 shares of the company’s stock valued at $22,379,000 after purchasing an additional 64,336 shares during the period. Guardian Wealth Advisors LLC NC bought a new stake in shares of Keating Active ETF in the 2nd quarter valued at approximately $2,021,000. Concurrent Investment Advisors LLC bought a new stake in shares of Keating Active ETF in the 2nd quarter valued at approximately $959,000. Finally, Nwam LLC bought a new stake in shares of Keating Active ETF in the 2nd quarter valued at approximately $399,000.

Keating Active ETF Trading Down 1.0%

KEAT traded down $0.34 during trading hours on Monday, hitting $33.13. The company’s stock had a trading volume of 918 shares, compared to its average volume of 3,632. The stock has a market cap of $119.93 million, a price-to-earnings ratio of 10.46 and a beta of 0.14. The business’s 50-day moving average price is $34.00 and its 200-day moving average price is $33.51. Keating Active ETF has a 12 month low of $28.76 and a 12 month high of $35.32.

Keating Active ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th will be issued a $0.2170 dividend. This is a drop from Keating Active ETF’s previous quarterly dividend of $0.4035. The ex-dividend date is Monday, September 28th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 2.6%.

Keating Active ETF Company Profile

The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return