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

PeakShares Sector Rotation ETF (NASDAQ:PSTR) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 7,000 shares, an increase of 100.0% from the February 28th total of 3,500 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.1% of the shares of the stock are sold short.

PeakShares Sector Rotation ETF Trading Down 1.6 %

PeakShares Sector Rotation ETF stock traded down $0.44 during mid-day trading on Friday, reaching $26.78. The company had a trading volume of 1,281 shares, compared to its average volume of 6,237. The business has a fifty day simple moving average of $27.91 and a 200 day simple moving average of $27.89. The company has a market cap of $17.14 million and a P/E ratio of -2.13. PeakShares Sector Rotation ETF has a fifty-two week low of $24.53 and a fifty-two week high of $30.33.

PeakShares Sector Rotation ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Friday, March 21st were issued a dividend of $0.3414 per share. The ex-dividend date of this dividend was Friday, March 21st. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is -6.13%.

PeakShares Sector Rotation ETF Company Profile

The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance.