PeakShares Sector Rotation ETF (NASDAQ:PSTR) Short Interest Down 59.7% in January

PeakShares Sector Rotation ETF (NASDAQ:PSTR) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 5,000 shares, a decline of 59.7% from the December 31st total of 12,400 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 0.9 days.

PeakShares Sector Rotation ETF Trading Up 0.3 %

Shares of NASDAQ PSTR traded up $0.09 during mid-day trading on Tuesday, hitting $28.26. The company had a trading volume of 1,658 shares, compared to its average volume of 1,762. The company has a market capitalization of $18.09 million and a price-to-earnings ratio of -2.25. PeakShares Sector Rotation ETF has a 1 year low of $24.53 and a 1 year high of $30.33. The stock’s 50-day moving average price is $28.18 and its 200-day moving average price is $27.46.

PeakShares Sector Rotation ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were paid 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%.