PeakShares Sector Rotation ETF (NASDAQ:PSTR) Sees Significant Increase in Short Interest

PeakShares Sector Rotation ETF (NASDAQ:PSTRGet Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 12,400 shares, an increase of 202.4% from the November 30th total of 4,100 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is currently 2.4 days.

PeakShares Sector Rotation ETF Price Performance

Shares of NASDAQ:PSTR opened at $27.81 on Friday. The business has a fifty day moving average price of $28.24 and a 200-day moving average price of $27.20. The company has a market capitalization of $11.96 million and a PE ratio of -2.21. PeakShares Sector Rotation ETF has a 1-year low of $24.53 and a 1-year high of $30.33.

PeakShares Sector Rotation ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th will be issued a $0.3505 dividend. The ex-dividend date of this dividend is Thursday, December 26th. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is presently -0.64%.

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