iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Down 72.9% in December

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 260 shares, a drop of 72.9% from the November 30th total of 961 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,003 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 2,003 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

iShares Nasdaq-100 ex Top 30 ETF Trading Up 0.0%

NASDAQ:QNXT opened at $27.94 on Friday. The firm has a market cap of $16.76 million, a price-to-earnings ratio of 27.80 and a beta of 1.47. iShares Nasdaq-100 ex Top 30 ETF has a 12-month low of $20.51 and a 12-month high of $28.65. The company’s 50-day moving average is $27.70 and its two-hundred day moving average is $27.04.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $0.0613 per share. This represents a $0.25 annualized dividend and a yield of 0.9%. This is a boost from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, December 16th.

Institutional Investors Weigh In On iShares Nasdaq-100 ex Top 30 ETF

An institutional investor recently bought a new stake in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC bought a new position in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,506 shares of the company’s stock, valued at approximately $225,000. Insigneo Advisory Services LLC owned about 1.42% of iShares Nasdaq-100 ex Top 30 ETF at the end of the most recent quarter.

iShares Nasdaq-100 ex Top 30 ETF Company Profile

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.