PeakShares Sector Rotation ETF (NASDAQ:PSTR) Short Interest Down 59.7% in January

PeakShares Sector Rotation ETF (NASDAQ:PSTR) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 5,000 shares, a drop of 59.7% from the December 31st total of 12,400 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is currently 0.9 days.

PeakShares Sector Rotation ETF Price Performance

Shares of PSTR stock traded up $0.09 during trading hours on Tuesday, reaching $28.26. The company had a trading volume of 1,658 shares, compared to its average volume of 1,762. PeakShares Sector Rotation ETF has a 12 month low of $24.53 and a 12 month high of $30.33. The business has a fifty day simple moving average of $28.18 and a 200-day simple moving average of $27.46. The company has a market cap of $18.09 million and a price-to-earnings ratio of -2.25.

PeakShares Sector Rotation ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, December 26th were issued a $0.3505 dividend. The ex-dividend date of this dividend was Thursday, December 26th. PeakShares Sector Rotation ETF’s dividend payout ratio is presently -3.42%.