NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Update

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 1,228,465 shares, a growth of 67.3% from the July 30th total of 734,267 shares. Based on an average daily volume of 4,252,951 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the company’s stock are short sold.

NEOS Nasdaq 100 High Income ETF Stock Performance

Shares of NEOS Nasdaq 100 High Income ETF stock traded down $0.09 during mid-day trading on Monday, hitting $54.44. 1,599,015 shares of the stock were exchanged, compared to its average volume of 5,964,037. NEOS Nasdaq 100 High Income ETF has a 12 month low of $47.87 and a 12 month high of $57.84. The company has a 50-day simple moving average of $54.79 and a 200 day simple moving average of $54.04. The company has a market capitalization of $13.80 billion, a P/E ratio of 32.88 and a beta of 0.95.

NEOS Nasdaq 100 High Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 21st. Investors of record on Wednesday, August 19th were given a dividend of $0.6518 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.4%. The ex-dividend date of this dividend was Wednesday, August 19th.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

A number of hedge funds have recently bought and sold shares of QQQI. Markowski Investments purchased a new position in NEOS Nasdaq 100 High Income ETF in the second quarter worth $58,000. Valeo Financial Advisors LLC purchased a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 2nd quarter valued at $206,000. FNY Investment Advisers LLC bought a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 2nd quarter worth $868,000. CoreCap Advisors LLC raised its stake in shares of NEOS Nasdaq 100 High Income ETF by 30.0% during the 2nd quarter. CoreCap Advisors LLC now owns 28,643 shares of the company’s stock worth $1,627,000 after purchasing an additional 6,610 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 1,401.3% in the 1st quarter. Parallel Advisors LLC now owns 5,615 shares of the company’s stock worth $279,000 after buying an additional 5,241 shares during the last quarter.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.