Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Sees Significant Increase in Short Interest

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 12,875 shares, a growth of 377.0% from the September 30th total of 2,699 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 20,839 shares, the days-to-cover ratio is currently 0.6 days.

Astoria US Quality Growth Kings ETF Stock Down 1.1%

GQQQ traded down $0.41 during trading on Thursday, hitting $35.23. 9,929 shares of the company’s stock were exchanged, compared to its average volume of 16,592. Astoria US Quality Growth Kings ETF has a fifty-two week low of $27.67 and a fifty-two week high of $37.78. The stock has a market cap of $171.95 million, a P/E ratio of 27.86 and a beta of 1.27. The business’s 50 day moving average is $35.80 and its two-hundred day moving average is $33.64.

Astoria US Quality Growth Kings ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a $0.0303 dividend. The ex-dividend date was Monday, September 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. This is a drop from Astoria US Quality Growth Kings ETF’s previous quarterly dividend of $0.0314.

Hedge Funds Weigh In On Astoria US Quality Growth Kings ETF

An institutional investor recently bought a new stake in Astoria US Quality Growth Kings ETF stock. Sound Income Strategies LLC acquired a new stake in Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,638 shares of the company’s stock, valued at approximately $310,000. Sound Income Strategies LLC owned about 0.27% of Astoria US Quality Growth Kings ETF as of its most recent filing with the SEC.

Astoria US Quality Growth Kings ETF Company Profile

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.