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

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 9,100 shares, an increase of 184.4% from the September 15th total of 3,200 shares. Based on an average daily trading volume, of 22,400 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 22,400 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Astoria US Quality Growth Kings ETF

An institutional investor recently raised its position in Astoria US Quality Growth Kings ETF stock. Vermillion & White Wealth Management Group LLC raised its position in shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) by 240.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 619,567 shares of the company’s stock after buying an additional 437,831 shares during the period. Astoria US Quality Growth Kings ETF comprises 10.5% of Vermillion & White Wealth Management Group LLC’s portfolio, making the stock its 2nd biggest position. Vermillion & White Wealth Management Group LLC owned about 24.59% of Astoria US Quality Growth Kings ETF worth $14,467,000 at the end of the most recent reporting period.

Astoria US Quality Growth Kings ETF Stock Up 1.0%

Shares of GQQQ opened at $29.73 on Tuesday. The stock has a market cap of $97.22 million and a price-to-earnings ratio of 27.86. Astoria US Quality Growth Kings ETF has a 12 month low of $20.25 and a 12 month high of $29.94. The company has a 50-day moving average price of $28.82 and a two-hundred day moving average price of $26.68.

Astoria US Quality Growth Kings ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a dividend of $0.0523 per share. This is a positive change from Astoria US Quality Growth Kings ETF’s previous dividend of $0.01. The ex-dividend date was Monday, September 29th.

Astoria US Quality Growth Kings ETF Company Profile

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.