Keating Active ETF (NASDAQ:KEAT) Short Interest Update
by Scott Moore · The Cerbat GemKeating Active ETF (NASDAQ:KEAT – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 8 shares, a drop of 94.1% from the August 15th total of 136 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,435 shares, the short-interest ratio is presently 0.0 days.
Keating Active ETF Trading Down 0.1%
KEAT stock traded down $0.02 on Friday, hitting $34.52. The company’s stock had a trading volume of 948 shares, compared to its average volume of 3,839. The firm has a 50 day moving average of $33.49 and a two-hundred day moving average of $33.56. Keating Active ETF has a 1 year low of $28.76 and a 1 year high of $35.32. The stock has a market cap of $124.61 million, a price-to-earnings ratio of 10.46 and a beta of 0.14.
Keating Active ETF Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were paid a dividend of $0.4035 per share. The ex-dividend date was Monday, June 29th. This represents a $1.61 annualized dividend and a dividend yield of 4.7%.
Hedge Funds Weigh In On Keating Active ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. JNBA Financial Advisors raised its stake in Keating Active ETF by 149.3% during the 2nd quarter. JNBA Financial Advisors now owns 1,932 shares of the company’s stock valued at $68,000 after acquiring an additional 1,157 shares during the last quarter. XML Financial LLC purchased a new position in shares of Keating Active ETF in the 2nd quarter valued at approximately $242,000. Nwam LLC acquired a new position in shares of Keating Active ETF in the second quarter valued at approximately $399,000. Concurrent Investment Advisors LLC acquired a new position in shares of Keating Active ETF in the second quarter valued at approximately $959,000. Finally, Guardian Wealth Advisors LLC NC purchased a new stake in shares of Keating Active ETF during the second quarter worth approximately $2,021,000.
Keating Active ETF Company Profile
The Keating Active ETF (KEAT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities, focusing on US-listed companies but may search for investments globally if opportunities are considered attractive. The fund may invest in companies of all capitalizations, seeking total return