Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Up 140.0% in August

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,350 shares, a growth of 140.0% from the August 15th total of 3,062 shares. Based on an average daily volume of 2,278 shares, the short-interest ratio is presently 3.2 days. Approximately 1.3% of the shares of the stock are sold short.

Royce Quant Small-Cap Quality Value ETF Price Performance

NASDAQ:SQLV traded up $0.03 during trading hours on Monday, reaching $53.06. 24,837 shares of the company traded hands, compared to its average volume of 2,814. The firm’s 50-day moving average is $53.69 and its 200-day moving average is $49.60. The stock has a market cap of $29.18 million, a P/E ratio of 12.07 and a beta of 1.00. Royce Quant Small-Cap Quality Value ETF has a 1-year low of $39.95 and a 1-year high of $55.30.

Royce Quant Small-Cap Quality Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, September 14th will be paid a $0.152 dividend. This represents a $0.61 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, September 14th. This is a positive change from Royce Quant Small-Cap Quality Value ETF’s previous quarterly dividend of $0.12.

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.