Short Interest in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Decreases By 83.7%

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 6,251 shares, a decline of 83.7% from the January 15th total of 38,264 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 37,256 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 37,256 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

NEOS Nasdaq-100 Hedged Equity Income ETF Trading Down 1.0%

Shares of QQQH stock traded down $0.55 during mid-day trading on Thursday, reaching $53.34. The stock had a trading volume of 22,290 shares, compared to its average volume of 34,908. The company has a market cap of $353.11 million, a P/E ratio of 30.94 and a beta of 0.62. NEOS Nasdaq-100 Hedged Equity Income ETF has a 12-month low of $43.02 and a 12-month high of $55.90. The business has a 50-day simple moving average of $54.48 and a 200 day simple moving average of $54.24.

NEOS Nasdaq-100 Hedged Equity Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 28th were issued a dividend of $0.411 per share. The ex-dividend date was Wednesday, January 28th.

About NEOS Nasdaq-100 Hedged Equity Income ETF

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.