Astoria US Quality Kings ETF (NASDAQ:ROE) Sees Significant Decrease in Short Interest

Astoria US Quality Kings ETF (NASDAQ:ROE) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 15,449 shares, a decrease of 44.0% from the May 31st total of 27,569 shares. Based on an average daily volume of 20,754 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Astoria US Quality Kings ETF by 1.4% in the fourth quarter. LPL Financial LLC now owns 25,679 shares of the company’s stock valued at $906,000 after buying an additional 348 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Astoria US Quality Kings ETF by 4.5% in the fourth quarter. Kestra Advisory Services LLC now owns 8,608 shares of the company’s stock valued at $304,000 after purchasing an additional 370 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Astoria US Quality Kings ETF in the second quarter valued at $50,000. Latitude Advisors LLC increased its stake in Astoria US Quality Kings ETF by 5.6% in the first quarter. Latitude Advisors LLC now owns 37,588 shares of the company’s stock valued at $1,332,000 after purchasing an additional 1,985 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in Astoria US Quality Kings ETF by 7.1% in the fourth quarter. Orion Porfolio Solutions LLC now owns 35,837 shares of the company’s stock valued at $1,264,000 after purchasing an additional 2,366 shares during the last quarter.

Astoria US Quality Kings ETF Stock Down 0.7%

Shares of ROE traded down $0.31 during mid-day trading on Wednesday, reaching $42.32. 15,352 shares of the company’s stock were exchanged, compared to its average volume of 39,175. The company has a 50-day simple moving average of $40.85 and a two-hundred day simple moving average of $38.04. The company has a market cap of $257.31 million, a price-to-earnings ratio of 18.34 and a beta of 1.05. Astoria US Quality Kings ETF has a 52-week low of $31.68 and a 52-week high of $43.03.

Astoria US Quality Kings ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.0833 per share. The ex-dividend date was Monday, June 29th.

Astoria US Quality Kings ETF Company Profile

The Astoria US Quality Kings ETF (ROE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides long-term capital appreciation by investing in 100 high-quality US stocks in the large- and mid-cap space based on proprietary quantitative screens. Holdings are equally weighted, and sector optimized. ROE was launched on Aug 1, 2023 and is issued by Astoria.