Next Frontier Internet ETF (NYSEARCA:FMQQ) Short Interest Update

Next Frontier Internet ETF (NYSEARCA:FMQQ) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 590 shares, a decrease of 35.4% from the February 12th total of 914 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,540 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 5,540 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Next Frontier Internet ETF

An institutional investor recently raised its position in Next Frontier Internet ETF stock. Jane Street Group LLC raised its holdings in Next Frontier Internet ETF (NYSEARCA:FMQQ) by 132.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,503 shares of the company’s stock after purchasing an additional 26,482 shares during the period. Jane Street Group LLC owned about 2.18% of Next Frontier Internet ETF worth $586,000 as of its most recent SEC filing.

Next Frontier Internet ETF Stock Performance

Shares of NYSEARCA FMQQ traded down $0.06 during midday trading on Friday, reaching $11.26. 24,703 shares of the company’s stock were exchanged, compared to its average volume of 8,974. Next Frontier Internet ETF has a 52-week low of $11.26 and a 52-week high of $15.84. The stock has a market capitalization of $21.62 million, a PE ratio of 21.89 and a beta of 1.11. The business’s fifty day moving average price is $13.04 and its two-hundred day moving average price is $14.08.

Next Frontier Internet ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.0846 per share. This represents a yield of 61.0%. The ex-dividend date was Tuesday, December 30th.

About Next Frontier Internet ETF

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.