Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Sees Large Growth in Short Interest

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 29,982 shares, an increase of 307.9% from the August 31st total of 7,350 shares. Based on an average daily trading volume, of 4,573 shares, the short-interest ratio is currently 6.6 days. Currently, 4.0% of the company’s stock are short sold.

Royce Quant Small-Cap Quality Value ETF Stock Down 0.0%

Shares of SQLV stock opened at $51.49 on Friday. Royce Quant Small-Cap Quality Value ETF has a 52 week low of $39.95 and a 52 week high of $55.30. The stock has a market capitalization of $38.62 million, a PE ratio of 12.07 and a beta of 1.00. The firm has a 50 day moving average of $53.63 and a two-hundred day moving average of $49.97.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, September 14th were given a dividend of $0.1520 per share. This is an increase from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.1236. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%. 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.