Astoria US Quality Kings ETF (NASDAQ:ROE) Short Interest Update

Astoria US Quality Kings ETF (NASDAQ:ROE) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 28,931 shares, an increase of 199.8% from the August 31st total of 9,649 shares. Based on an average daily volume of 22,860 shares, the short-interest ratio is presently 1.3 days. Currently, 0.4% of the shares of the company are sold short.

Astoria US Quality Kings ETF Price Performance

Shares of ROE traded up $0.32 during trading hours on Friday, hitting $43.17. The company’s stock had a trading volume of 8,908 shares, compared to its average volume of 34,919. The company has a market cap of $290.97 million, a price-to-earnings ratio of 18.34 and a beta of 1.03. The business has a 50 day simple moving average of $43.13 and a two-hundred day simple moving average of $40.81. Astoria US Quality Kings ETF has a 52-week low of $33.11 and a 52-week high of $44.42.

Hedge Funds Weigh In On Astoria US Quality Kings ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROE. Greenwich Wealth Management LLC increased its stake in Astoria US Quality Kings ETF by 66.5% in the fourth quarter. Greenwich Wealth Management LLC now owns 194,567 shares of the company’s stock valued at $6,862,000 after acquiring an additional 77,742 shares during the last quarter. Omnitrust Wealth Management Inc purchased a new stake in Astoria US Quality Kings ETF during the fourth quarter valued at about $804,000. World Investment Advisors bought a new stake in Astoria US Quality Kings ETF during the fourth quarter worth about $2,123,000. Bluedoor Private Wealth LLC bought a new stake in Astoria US Quality Kings ETF during the fourth quarter worth about $1,531,000. Finally, Compound Planning Inc. boosted its holdings in shares of Astoria US Quality Kings ETF by 73.4% in the 1st quarter. Compound Planning Inc. now owns 37,210 shares of the company’s stock worth $1,318,000 after purchasing an additional 15,750 shares in the last quarter.

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.