NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Sees Significant Decrease in Short Interest

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQHGet Free Report) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 7,272 shares, a drop of 75.3% from the April 15th total of 29,399 shares. Based on an average daily trading volume, of 27,928 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

NEOS Nasdaq-100 Hedged Equity Income ETF Trading Up 0.4%

NASDAQ QQQH traded up $0.22 during trading on Wednesday, hitting $55.69. 31,270 shares of the company traded hands, compared to its average volume of 29,784. NEOS Nasdaq-100 Hedged Equity Income ETF has a 12 month low of $50.08 and a 12 month high of $55.90. The business has a fifty day simple moving average of $53.16 and a 200 day simple moving average of $53.95. The company has a market capitalization of $374.24 million, a P/E ratio of 30.94 and a beta of 0.68.

NEOS Nasdaq-100 Hedged Equity Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 1st. Shareholders of record on Wednesday, April 29th were issued a dividend of $0.4076 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date was Wednesday, April 29th.

Hedge Funds Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

An institutional investor recently bought a new position in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Garton & Associates Financial Advisors LLC bought a new stake in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQHFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 902 shares of the company’s stock, valued at approximately $49,000.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

(Get Free Report)

The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.

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