PeakShares Sector Rotation ETF (NASDAQ:PSTR) Short Interest Update

PeakShares Sector Rotation ETF (NASDAQ:PSTR) 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%.