Principal Quality ETF (NASDAQ:PSET) Short Interest Update

by · The Markets Daily

Principal Quality ETF (NASDAQ:PSET – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 7 shares, a decline of 85.7% from the August 31st total of 49 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,719 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Principal Quality ETF stock. Citadel Advisors LLC purchased a new stake in Principal Quality ETF (NASDAQ:PSET – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,808 shares of the company’s stock, valued at approximately $364,000. Citadel Advisors LLC owned about 1.34% of Principal Quality ETF at the end of the most recent quarter.

Principal Quality ETF Stock Up 0.1%

Shares of PSET stock traded up $0.05 during mid-day trading on Friday, reaching $78.68. 651 shares of the stock traded hands, compared to its average volume of 2,554. The stock’s fifty day simple moving average is $79.03 and its two-hundred day simple moving average is $75.78. Principal Quality ETF has a 1-year low of $67.62 and a 1-year high of $81.85. The company has a market cap of $26.75 million, a price-to-earnings ratio of 29.66 and a beta of 1.00.

About Principal Quality ETF

(Get Free Report)

The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.

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