Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Sees Large Drop in Short Interest

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 9,449 shares, a decline of 35.0% from the June 30th total of 14,526 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 30,485 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. purchased a new stake in shares of Astoria US Quality Growth Kings ETF during the 3rd quarter worth approximately $298,000. Sound Income Strategies LLC purchased a new position in Astoria US Quality Growth Kings ETF in the 1st quarter valued at approximately $310,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Astoria US Quality Growth Kings ETF by 3.0% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531,686 shares of the company’s stock worth $15,955,000 after purchasing an additional 15,707 shares during the last quarter.

Astoria US Quality Growth Kings ETF Trading Up 0.6%

Shares of NASDAQ:GQQQ traded up $0.21 on Friday, reaching $34.67. 20,045 shares of the company were exchanged, compared to its average volume of 15,523. The company has a 50-day moving average of $35.38 and a 200-day moving average of $32.65. The firm has a market cap of $152.20 million, a price-to-earnings ratio of 27.86 and a beta of 1.26. Astoria US Quality Growth Kings ETF has a 1-year low of $27.10 and a 1-year high of $37.78.

Astoria US Quality Growth Kings ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.0314 per share. The ex-dividend date was Monday, June 29th.

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.