Short Interest in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Expands By 412.5%

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXTGet Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 2,778 shares, an increase of 412.5% from the May 14th total of 542 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 1,293 shares, the days-to-cover ratio is currently 2.1 days.

iShares Nasdaq-100 ex Top 30 ETF Stock Up 0.7%

Shares of QNXT traded up $0.22 during trading hours on Friday, hitting $31.17. 2,877 shares of the company were exchanged, compared to its average volume of 1,354. The company has a market cap of $18.70 million, a price-to-earnings ratio of 27.80 and a beta of 1.11. iShares Nasdaq-100 ex Top 30 ETF has a fifty-two week low of $25.40 and a fifty-two week high of $32.03. The firm’s fifty day moving average is $29.15 and its 200 day moving average is $28.15.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.053 per share. This represents a $0.21 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares Nasdaq-100 ex Top 30 ETF Company Profile

(Get Free Report)

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.

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