Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Stock Short Interest Drops 48.3%

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,727 shares, a decrease of 48.3% from the September 30th total of 5,276 shares. Based on an average daily trading volume, of 9,055 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are short sold.

Royce Quant Small-Cap Quality Value ETF Trading Up 1.1%

Shares of SQLV stock traded up $0.59 during trading hours on Monday, reaching $53.80. 10,157 shares of the company’s stock were exchanged, compared to its average volume of 3,265. The stock’s fifty day moving average price is $52.74 and its two-hundred day moving average price is $49.45. Royce Quant Small-Cap Quality Value ETF has a 1 year low of $39.95 and a 1 year high of $55.30. The stock has a market cap of $40.35 million, a PE ratio of 12.07 and a beta of 1.02.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Monday, September 14th were issued a dividend of $0.1520 per share. This is a boost from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.1236. This represents a $0.61 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, September 14th.

About Royce Quant Small-Cap Quality Value ETF

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.