PeakShares Sector Rotation ETF (NASDAQ:PSTR) Sees Large Growth in Short Interest

PeakShares Sector Rotation ETF (NASDAQ:PSTR) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 7,100 shares, a growth of 491.7% from the January 15th total of 1,200 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is presently 1.1 days.

PeakShares Sector Rotation ETF Trading Down 0.0 %

Shares of NASDAQ:PSTR traded down $0.01 during trading on Wednesday, reaching $28.39. 15,778 shares of the stock were exchanged, compared to its average volume of 3,938. The stock has a 50-day moving average price of $28.12 and a 200-day moving average price of $27.60. PeakShares Sector Rotation ETF has a 12 month low of $24.53 and a 12 month high of $30.33. The firm has a market cap of $18.17 million and a PE ratio of -2.26.

PeakShares Sector Rotation ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were given a dividend of $0.3505 per share. The ex-dividend date was Thursday, December 26th. PeakShares Sector Rotation ETF’s dividend payout ratio is -3.42%.