Keating Active ETF (NASDAQ:KEAT) Short Interest Up 334.9% in March
by Teresa Graham · The Cerbat GemKeating Active ETF (NASDAQ:KEAT – Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 6,575 shares, an increase of 334.9% from the March 15th total of 1,512 shares. Based on an average daily volume of 1,731 shares, the short-interest ratio is presently 3.8 days. Currently, 0.2% of the company’s shares are short sold.
Keating Active ETF Trading Up 0.3%
KEAT stock opened at $34.52 on Friday. Keating Active ETF has a 12 month low of $25.81 and a 12 month high of $35.32. The company has a 50-day moving average price of $34.01 and a 200 day moving average price of $31.61. The stock has a market cap of $120.82 million, a PE ratio of 10.46 and a beta of 0.27.
Keating Active ETF Cuts Dividend
The company also recently declared a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a dividend of $0.0517 per share. The ex-dividend date of this dividend was Monday, March 30th.
Hedge Funds Weigh In On Keating Active ETF
An institutional investor recently raised its position in Keating Active ETF stock. Keating Investment Counselors Inc. increased its position in shares of Keating Active ETF (NASDAQ:KEAT – Free Report) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,219,676 shares of the company’s stock after purchasing an additional 87,099 shares during the period. Keating Active ETF makes up 27.1% of Keating Investment Counselors Inc.’s portfolio, making the stock its largest holding. Keating Investment Counselors Inc. owned about 95.26% of Keating Active ETF worth $95,006,000 at the end of the most recent quarter.
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