SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) Sees Large Decrease in Short Interest

SRH U.S. Quality GARP ETF (NYSEARCA:SRHQ) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 739 shares, a decline of 65.4% from the September 15th total of 2,134 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 765 shares, the days-to-cover ratio is currently 1.0 days.

SRH U.S. Quality GARP ETF Trading Down 0.4%

NYSEARCA:SRHQ traded down $0.22 during mid-day trading on Wednesday, hitting $47.81. The company’s stock had a trading volume of 12 shares, compared to its average volume of 637. SRH U.S. Quality GARP ETF has a fifty-two week low of $37.22 and a fifty-two week high of $50.36. The company has a market capitalization of $212.77 million, a price-to-earnings ratio of 20.10 and a beta of 0.86. The stock has a fifty day moving average of $48.68 and a 200-day moving average of $45.96.

SRH U.S. Quality GARP ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.0918 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from SRH U.S. Quality GARP ETF’s previous quarterly dividend of $0.0911. This represents a $0.37 dividend on an annualized basis and a yield of 0.8%.

SRH U.S. Quality GARP ETF Company Profile

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.