Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Sees Large Growth in Short Interest

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 5,771 shares, an increase of 11,215.7% from the November 30th total of 51 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 16,497 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 16,497 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Astoria US Quality Growth Kings ETF

An institutional investor recently bought a new position in Astoria US Quality Growth Kings ETF stock. Ameriprise Financial Inc. purchased a new stake in Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,078 shares of the company’s stock, valued at approximately $298,000. Ameriprise Financial Inc. owned approximately 0.30% of Astoria US Quality Growth Kings ETF as of its most recent SEC filing.

Astoria US Quality Growth Kings ETF Stock Performance

Shares of NASDAQ:GQQQ traded up $0.09 during trading hours on Wednesday, reaching $30.40. The stock had a trading volume of 1,950 shares, compared to its average volume of 21,044. Astoria US Quality Growth Kings ETF has a 1 year low of $20.25 and a 1 year high of $30.79. The firm’s 50 day moving average is $29.91 and its 200-day moving average is $28.60. The stock has a market capitalization of $103.66 million, a price-to-earnings ratio of 27.86 and a beta of 1.21.

Astoria US Quality Growth Kings ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd will be issued a dividend of $0.0368 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, December 23rd.

About Astoria US Quality Growth Kings ETF

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.