iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Update

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,778 shares, an increase of 412.5% from the May 14th total of 542 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 1,293 shares, the days-to-cover ratio is currently 2.1 days.

iShares Nasdaq-100 ex Top 30 ETF Price Performance

Shares of iShares Nasdaq-100 ex Top 30 ETF stock traded down $0.30 during midday trading on Wednesday, reaching $30.71. The company had a trading volume of 439 shares, compared to its average volume of 1,252. The stock has a fifty day moving average price of $28.96 and a 200 day moving average price of $28.09. The firm has a market cap of $18.43 million, a PE ratio of 27.80 and a beta of 1.11. iShares Nasdaq-100 ex Top 30 ETF has a fifty-two week low of $25.40 and a fifty-two week high of $32.03.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.053 dividend. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, March 17th.

About iShares Nasdaq-100 ex Top 30 ETF

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an exchange-traded fund that is based on the Nasdaq-100 ex Top 30 index. The fund seeks to follow an index of the 31st to 100th largest Nasdaq-100 Index companies by market-cap. The funds holdings are weighted by market-cap QNXT was launched on Oct 23, 2024 and is issued by BlackRock.