Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Sees Large Decline in Short Interest

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,534 shares, a decrease of 69.0% from the July 30th total of 4,953 shares. Based on an average daily volume of 32,774 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Kurv Technology Titans Select ETF

Large investors have recently added to or reduced their stakes in the company. NFSG Corp raised its stake in Kurv Technology Titans Select ETF by 550.4% in the 1st quarter. NFSG Corp now owns 109,878 shares of the company’s stock valued at $2,655,000 after acquiring an additional 92,985 shares during the period. Pasadena Private Wealth LLC bought a new position in Kurv Technology Titans Select ETF during the fourth quarter worth about $264,000. Janney Montgomery Scott LLC bought a new position in Kurv Technology Titans Select ETF during the fourth quarter worth about $2,456,000. Wolverine Trading LLC purchased a new position in shares of Kurv Technology Titans Select ETF in the third quarter worth about $486,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Kurv Technology Titans Select ETF in the third quarter worth about $518,000.

Kurv Technology Titans Select ETF Stock Performance

NASDAQ KQQQ traded down $0.01 on Friday, hitting $28.54. 57,991 shares of the stock traded hands, compared to its average volume of 58,470. The business’s fifty day moving average is $29.23 and its two-hundred day moving average is $28.25. Kurv Technology Titans Select ETF has a 12 month low of $23.13 and a 12 month high of $31.84. The firm has a market capitalization of $124.15 million, a price-to-earnings ratio of 31.91 and a beta of 1.54.

Kurv Technology Titans Select ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 27th. Stockholders of record on Wednesday, August 26th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, August 26th.

About Kurv Technology Titans Select ETF

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.