NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Update

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 15,500 shares, a decline of 73.7% from the December 15th total of 59,000 shares. Based on an average daily volume of 263,100 shares, the short-interest ratio is presently 0.1 days.

NEOS Nasdaq 100 High Income ETF Trading Down 0.1 %

QQQI stock traded down $0.06 during trading hours on Tuesday, hitting $51.92. 250,057 shares of the stock traded hands, compared to its average volume of 320,429. The stock has a 50-day simple moving average of $52.86 and a 200 day simple moving average of $51.57. The company has a market cap of $759.07 million, a P/E ratio of 30.79 and a beta of 1.09. NEOS Nasdaq 100 High Income ETF has a one year low of $45.65 and a one year high of $54.28.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th were paid a $0.6216 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from NEOS Nasdaq 100 High Income ETF’s previous dividend of $0.61.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

A hedge fund recently bought a new stake in NEOS Nasdaq 100 High Income ETF stock. AdvisorNet Financial Inc acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 564 shares of the company’s stock, valued at approximately $30,000.

About NEOS Nasdaq 100 High Income ETF

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.