Keating Active ETF (NASDAQ:KEAT) Stock Short Interest Climbs 3,830,300.0%

Keating Active ETF (NASDAQ:KEAT) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 38,304 shares, a growth of 3,830,300.0% from the October 15th total of 1 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average trading volume of 5,379 shares, the days-to-cover ratio is presently 7.1 days.

Keating Active ETF Price Performance

Keating Active ETF stock traded down $0.27 during trading hours on Tuesday, reaching $32.57. The company had a trading volume of 1,210 shares, compared to its average volume of 3,570. Keating Active ETF has a 12-month low of $29.38 and a 12-month high of $35.32. The company has a 50-day moving average price of $33.45 and a 200 day moving average price of $33.47. The firm has a market cap of $118.87 million, a price-to-earnings ratio of 15.03 and a beta of 0.16.

Keating Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.2170 dividend. The ex-dividend date of this dividend was Monday, September 28th. This is a negative change from Keating Active ETF’s previous quarterly dividend of $0.4035. This represents a $0.87 annualized dividend and a dividend yield of 2.7%.

Institutional Investors Weigh In On Keating Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Unique Wealth LLC increased its position in shares of Keating Active ETF by 17.7% in the second quarter. Unique Wealth LLC now owns 428,462 shares of the company’s stock valued at $22,379,000 after acquiring an additional 64,336 shares during the period. Members Advisory Group LLC boosted its holdings in shares of Keating Active ETF by 78.5% during the second quarter. Members Advisory Group LLC now owns 311,190 shares of the company’s stock worth $10,913,000 after purchasing an additional 136,871 shares during the period. Guardian Wealth Advisors LLC NC purchased a new stake in shares of Keating Active ETF during the second quarter worth about $2,021,000. Concurrent Investment Advisors LLC bought a new stake in shares of Keating Active ETF in the second quarter worth about $959,000. Finally, Nwam LLC bought a new stake in shares of Keating Active ETF in the second quarter worth about $399,000.

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