iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Down 86.9% in January

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 241 shares, a decline of 86.9% from the December 31st total of 1,844 shares. Based on an average trading volume of 2,156 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,156 shares, the days-to-cover ratio is currently 0.1 days.

iShares Nasdaq-100 ex Top 30 ETF Stock Performance

Shares of NASDAQ:QNXT traded up $0.01 during trading hours on Tuesday, reaching $28.47. The stock had a trading volume of 184 shares, compared to its average volume of 1,823. iShares Nasdaq-100 ex Top 30 ETF has a 1 year low of $20.51 and a 1 year high of $28.65. The firm’s 50 day moving average is $27.82 and its 200-day moving average is $27.34. The stock has a market capitalization of $17.08 million, a price-to-earnings ratio of 27.80 and a beta of 1.47.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC acquired a new stake in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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 as of its most recent filing with the Securities and Exchange Commission.

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.