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

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,607 shares, a decrease of 57.0% from the February 26th total of 13,029 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 9,130 shares, the days-to-cover ratio is presently 0.6 days.

Astoria US Quality Growth Kings ETF Stock Down 1.5%

Shares of GQQQ stock traded down $0.43 during trading hours on Friday, hitting $28.19. 8,042 shares of the company’s stock were exchanged, compared to its average volume of 13,913. The firm has a 50 day moving average of $30.25 and a two-hundred day moving average of $29.98. Astoria US Quality Growth Kings ETF has a fifty-two week low of $20.25 and a fifty-two week high of $31.34. The firm has a market cap of $98.67 million, a P/E ratio of 27.86 and a beta of 1.21.

Institutional Investors Weigh In On Astoria US Quality Growth Kings ETF

A hedge fund recently raised its stake in Astoria US Quality Growth Kings ETF stock. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 622,913 shares of the company’s stock after acquiring an additional 3,346 shares during the quarter. Astoria US Quality Growth Kings ETF comprises 11.0% of Vermillion & White Wealth Management Group LLC’s holdings, making the stock its 2nd largest holding. Vermillion & White Wealth Management Group LLC owned approximately 20.49% of Astoria US Quality Growth Kings ETF worth $16,862,000 as of its most recent SEC filing.

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.