Keating Active ETF (NASDAQ:KEAT) Stock Short Interest Declines 83.3%

Keating Active ETF (NASDAQ:KEAT) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 1 shares, a decline of 83.3% from the September 30th total of 6 shares. Based on an average daily volume of 721 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Keating Active ETF Price Performance

Keating Active ETF stock traded down $0.01 during trading hours on Tuesday, reaching $33.25. The stock had a trading volume of 1,610 shares, compared to its average volume of 3,409. The company has a market cap of $119.70 million, a price-to-earnings ratio of 10.46 and a beta of 0.17. The business’s 50 day moving average price is $33.86 and its 200-day moving average price is $33.39. Keating Active ETF has a 52 week low of $28.76 and a 52 week high of $35.32.

Keating Active ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a dividend of $0.2170 per share. The ex-dividend date of this dividend was Monday, September 28th. This is a drop from Keating Active ETF’s previous quarterly dividend of $0.4035. This represents a $0.87 dividend on an annualized basis and a dividend yield of 2.6%.

Institutional Trading of Keating Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Unique Wealth LLC grew its stake in Keating Active ETF by 17.7% during the 2nd quarter. Unique Wealth LLC now owns 428,462 shares of the company’s stock worth $22,379,000 after buying an additional 64,336 shares during the last quarter. Members Advisory Group LLC increased its position in Keating Active ETF by 78.5% during the 2nd quarter. Members Advisory Group LLC now owns 311,190 shares of the company’s stock valued at $10,913,000 after buying an additional 136,871 shares in the last quarter. Guardian Wealth Advisors LLC NC purchased a new stake in Keating Active ETF in the second quarter valued at about $2,021,000. Concurrent Investment Advisors LLC purchased a new stake in Keating Active ETF in the second quarter valued at about $959,000. Finally, Nwam LLC acquired a new stake in Keating Active ETF in the second quarter worth about $399,000.

Keating Active ETF Company Profile

The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return