Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) Short Interest Update

Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,374 shares, an increase of 321.8% from the April 30th total of 1,274 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 1,267 shares, the days-to-cover ratio is currently 4.2 days.

Hedge Funds Weigh In On Royce Quant Small-Cap Quality Value ETF

An institutional investor recently bought a new position in Royce Quant Small-Cap Quality Value ETF stock. Farther Finance Advisors LLC purchased a new position in shares of Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 811 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned about 0.14% of Royce Quant Small-Cap Quality Value ETF as of its most recent SEC filing.

Royce Quant Small-Cap Quality Value ETF Stock Performance

NASDAQ:SQLV opened at $49.27 on Friday. The stock’s 50-day simple moving average is $46.52 and its 200 day simple moving average is $45.03. The company has a market cap of $27.10 million, a P/E ratio of 12.07 and a beta of 1.02. Royce Quant Small-Cap Quality Value ETF has a 52-week low of $38.32 and a 52-week high of $49.27.

Royce Quant Small-Cap Quality Value ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Monday, March 16th were given a $0.1146 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.9%.

Royce Quant Small-Cap Quality Value ETF Company Profile

The Royce Quant Small-Cap Quality Value ETF (SQLV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that uses a multi-factor scoring system to select US small-cap stocks that are weighted based on fundamental composite scores. SQLV was launched on Jul 12, 2017 and is managed by Franklin Templeton.