Short Interest in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Expands By 147.2%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 55,167 shares, an increase of 147.2% from the December 31st total of 22,318 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily volume of 122,832 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 122,832 shares, the short-interest ratio is presently 0.4 days. Approximately 1.6% of the shares of the stock are short sold.

Kurv Technology Titans Select ETF Stock Performance

Shares of NASDAQ KQQQ traded down $0.20 during mid-day trading on Thursday, hitting $27.90. 135,701 shares of the stock were exchanged, compared to its average volume of 113,094. The company has a market cap of $98.49 million, a P/E ratio of 31.91 and a beta of 1.20. The stock’s fifty day simple moving average is $28.36 and its two-hundred day simple moving average is $28.60. Kurv Technology Titans Select ETF has a twelve month low of $19.72 and a twelve month high of $30.65.

Kurv Technology Titans Select ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Wednesday, January 28th will be paid a $0.41 dividend. This represents a c) dividend on an annualized basis and a yield of 17.6%. The ex-dividend date is Wednesday, January 28th.

Hedge Funds Weigh In On Kurv Technology Titans Select ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC bought a new position in Kurv Technology Titans Select ETF in the first quarter valued at approximately $275,000. Forefront Wealth Partners LLC grew its holdings in Kurv Technology Titans Select ETF by 41.6% during the 2nd quarter. Forefront Wealth Partners LLC now owns 28,920 shares of the company’s stock worth $787,000 after acquiring an additional 8,503 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Kurv Technology Titans Select ETF during the 3rd quarter worth approximately $518,000. Wolverine Trading LLC acquired a new stake in Kurv Technology Titans Select ETF in the third quarter worth $486,000. Finally, Jaffetilchin Investment Partners LLC bought a new stake in Kurv Technology Titans Select ETF in the 4th quarter valued at about $615,000.

Kurv Technology Titans Select ETF Company Profile

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.