PeakShares Sector Rotation ETF (NASDAQ:PSTR – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,274 shares, an increase of 255.9% from the August 31st total of 358 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,732 shares, the days-to-cover ratio is presently 0.5 days.
PeakShares Sector Rotation ETF Stock Down 0.2%
Shares of PeakShares Sector Rotation ETF stock opened at $31.42 on Monday. The stock’s fifty day moving average is $31.68 and its 200-day moving average is $30.58. The firm has a market capitalization of $65.98 million, a PE ratio of -2.50 and a beta of 0.64. PeakShares Sector Rotation ETF has a 12-month low of $27.18 and a 12-month high of $32.35.
PeakShares Sector Rotation ETF Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 23rd will be paid a $0.4008 dividend. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.60 dividend on an annualized basis and a yield of 5.1%. This is an increase from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.3850. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is -12.18%.
Institutional Trading of PeakShares Sector Rotation ETF
About PeakShares Sector Rotation ETF
The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance. PSTR was launched on Apr 30, 2024 and is issued by Peak.
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