NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Short Interest Update

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,185 shares, an increase of 73.0% from the June 30th total of 5,310 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 30,621 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors 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 purchased a new position in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 902 shares of the company’s stock, valued at approximately $49,000.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance

Shares of NASDAQ QQQH opened at $53.45 on Friday. The company has a market capitalization of $373.62 million, a price-to-earnings ratio of 30.94 and a beta of 0.68. The company has a 50 day simple moving average of $55.16 and a two-hundred day simple moving average of $54.20. NEOS Nasdaq-100 Hedged Equity Income ETF has a fifty-two week low of $50.08 and a fifty-two week high of $56.76.

NEOS Nasdaq-100 Hedged Equity Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 29th were given a dividend of $0.4023 per share. This is a boost from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous dividend of $0.39. The ex-dividend date of this dividend was Wednesday, July 29th.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

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.