Short Interest in PeakShares Sector Rotation ETF (NASDAQ:PSTR) Rises By 27.8%

PeakShares Sector Rotation ETF (NASDAQ:PSTR) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,300 shares, a growth 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 Trading Up 0.2 %

PSTR traded up $0.05 during trading hours on Wednesday, reaching $27.78. The company’s stock had a trading volume of 4,555 shares, compared to its average volume of 8,375. The stock has a market cap of $11.95 million and a PE ratio of -2.21. PeakShares Sector Rotation ETF has a fifty-two week low of $24.53 and a fifty-two week high of $27.96. The business has a 50-day moving average of $27.25.

PeakShares Sector Rotation ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were given a dividend of $0.0424 per share. This represents a $0.51 dividend on an annualized basis and a dividend yield of 1.83%. This is an increase from PeakShares Sector Rotation ETF’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Thursday, September 26th. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is presently -0.64%.