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

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 106,400 shares, a decline of 37.5% from the March 31st total of 170,300 shares. Based on an average trading volume of 679,200 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

Several large investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc bought a new stake in NEOS Nasdaq 100 High Income ETF in the fourth quarter valued at $30,000. Creative Financial Designs Inc. ADV boosted its holdings in NEOS Nasdaq 100 High Income ETF by 26.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,767 shares of the company’s stock valued at $250,000 after acquiring an additional 993 shares in the last quarter. City State Bank bought a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 1st quarter valued at $47,000. Private Trust Co. NA boosted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 73.7% during the 1st quarter. Private Trust Co. NA now owns 3,474 shares of the company’s stock valued at $165,000 after buying an additional 1,474 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 24.8% during the 4th quarter. Ameriprise Financial Inc. now owns 33,604 shares of the company’s stock valued at $1,760,000 after buying an additional 6,683 shares in the last quarter.

NEOS Nasdaq 100 High Income ETF Stock Up 0.1 %

Shares of NEOS Nasdaq 100 High Income ETF stock opened at $47.40 on Tuesday. The company has a market cap of $1.28 billion, a PE ratio of 28.76 and a beta of 1.09. The business has a 50 day moving average of $48.06 and a 200 day moving average of $51.12. NEOS Nasdaq 100 High Income ETF has a 52 week low of $41.17 and a 52 week high of $54.47.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 23rd were issued a $0.5309 dividend. This represents a $6.37 annualized dividend and a yield of 13.44%. The ex-dividend date was Wednesday, April 23rd.

NEOS Nasdaq 100 High Income ETF Company Profile

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.