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 large growth in short interest in the month of April. As of April 15th, there was short interest totaling 21,193 shares, a growth of 222.3% from the March 31st total of 6,575 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 8,048 shares, the short-interest ratio is currently 2.6 days.
Hedge Funds Weigh In On Keating Active ETF
A hedge fund recently raised its stake in Keating Active ETF stock. Keating Investment Counselors Inc. boosted its holdings in Keating Active ETF (NASDAQ:KEAT – Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,219,676 shares of the company’s stock after purchasing an additional 87,099 shares during the quarter. Keating Active ETF comprises 27.1% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its largest holding. Keating Investment Counselors Inc. owned 95.26% of Keating Active ETF worth $95,006,000 as of its most recent SEC filing.
Keating Active ETF Price Performance
Shares of KEAT stock traded down $0.08 during trading on Friday, reaching $33.88. The company’s stock had a trading volume of 1,811 shares, compared to its average volume of 4,257. The company has a market capitalization of $119.60 million, a price-to-earnings ratio of 10.46 and a beta of 0.27. The stock’s 50-day moving average price is $34.18 and its 200 day moving average price is $31.95. Keating Active ETF has a 1-year low of $26.19 and a 1-year high of $35.32.
Keating Active ETF Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were issued a $0.0517 dividend. The ex-dividend date was Monday, March 30th.
About Keating Active ETF
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