Short Interest in SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Decreases By 32.8%

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,772 shares, a decrease of 32.8% from the August 15th total of 2,638 shares. Based on an average daily trading volume, of 1,333 shares, the short-interest ratio is currently 1.3 days. Currently, 0.0% of the company’s stock are short sold.

SRH U.S. Quality GARP ETF Price Performance

Shares of NYSEARCA SRHQ opened at $48.34 on Friday. The stock has a market capitalization of $241.65 million, a price-to-earnings ratio of 20.10 and a beta of 0.84. The business has a 50-day moving average of $48.71 and a 200-day moving average of $45.13. SRH U.S. Quality GARP ETF has a fifty-two week low of $37.22 and a fifty-two week high of $50.36.

SRH U.S. Quality GARP ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were given a dividend of $0.0911 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. This is a boost from SRH U.S. Quality GARP ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Thursday, June 25th.

About SRH U.S. Quality GARP ETF

The SRH U.S. Quality ETF (SRHQ) is an exchange-traded fund that is based on the SRH US Quality index. The fund tracks an equally weighted index of US large-cap stocks screened based on three fundamental factors: value, growth, and quality. SRHQ was launched on Oct 5, 2022 and is managed by SRH.