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

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

PeakShares Sector Rotation ETF Stock Performance

PSTR stock traded down $0.44 during mid-day trading on Friday, hitting $26.78. The company had a trading volume of 1,281 shares, compared to its average volume of 6,237. The firm has a market cap of $17.14 million and a PE ratio of -2.13. PeakShares Sector Rotation ETF has a 12 month low of $24.53 and a 12 month high of $30.33. The stock’s fifty day moving average price is $27.91 and its two-hundred day moving average price is $27.89.

PeakShares Sector Rotation ETF Cuts Dividend

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