Short Interest in PeakShares Sector Rotation ETF (NASDAQ:PSTR) Decreases By 59.7%

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

PeakShares Sector Rotation ETF Price Performance

Shares of NASDAQ:PSTR traded down $0.09 during trading on Monday, hitting $27.23. The company’s stock had a trading volume of 282 shares, compared to its average volume of 1,740. The company has a 50-day moving average of $28.22 and a 200-day moving average of $27.33. The firm has a market cap of $17.43 million and a price-to-earnings ratio of -2.17. PeakShares Sector Rotation ETF has a 12 month low of $24.53 and a 12 month high of $30.33.

PeakShares Sector Rotation ETF Announces Dividend

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