PeakShares Sector Rotation ETF (NASDAQ:PSTR – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,300 shares, an increase of 27.8% from the September 30th total of 1,800 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 0.8 days.
PeakShares Sector Rotation ETF Stock Performance
NASDAQ:PSTR traded up $0.04 during trading hours on Wednesday, reaching $27.77. The company had a trading volume of 3,940 shares, compared to its average volume of 8,375. The company’s 50 day simple moving average is $27.25. The stock has a market cap of $11.94 million and a price-to-earnings ratio of -2.21. PeakShares Sector Rotation ETF has a 52 week low of $24.53 and a 52 week high of $27.96.
PeakShares Sector Rotation ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were given a dividend of $0.0424 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.51 annualized dividend and a dividend yield of 1.83%. This is a positive change from PeakShares Sector Rotation ETF’s previous monthly dividend of $0.04. PeakShares Sector Rotation ETF’s dividend payout ratio is presently -0.64%.
See Also
- Five stocks we like better than PeakShares Sector Rotation ETF
- What is a Secondary Public Offering? What Investors Need to Know
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- What is a Death Cross in Stocks?
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- What is the Dogs of the Dow Strategy? Overview and Examples
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Receive News & Ratings for PeakShares Sector Rotation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PeakShares Sector Rotation ETF and related companies with MarketBeat.com's FREE daily email newsletter.