PeakShares Sector Rotation ETF (NASDAQ:PSTR) Sees Large Decrease in Short Interest

PeakShares Sector Rotation ETF (NASDAQ:PSTR) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 900 shares, a decrease of 80.0% from the August 15th total of 4,500 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is presently 0.2 days.

PeakShares Sector Rotation ETF Price Performance

PSTR traded up $0.16 on Thursday, hitting $26.82. 356 shares of the company traded hands, compared to its average volume of 8,375. The stock’s 50 day moving average is $26.42. The firm has a market cap of $10.19 million and a PE ratio of -2.12. PeakShares Sector Rotation ETF has a 12-month low of $24.53 and a 12-month high of $27.62.

PeakShares Sector Rotation ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 30th. Shareholders of record on Wednesday, July 24th were paid a dividend of $0.0394 per share. This represents a $0.47 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Wednesday, July 24th. PeakShares Sector Rotation ETF’s dividend payout ratio is presently -0.24%.