Short Interest in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Declines By 53.5%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 25,637 shares, a decrease of 53.5% from the January 15th total of 55,167 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 95,769 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 95,769 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are short sold.

Kurv Technology Titans Select ETF Stock Down 2.8%

Shares of NASDAQ KQQQ traded down $0.74 during midday trading on Thursday, hitting $25.87. 70,868 shares of the company’s stock were exchanged, compared to its average volume of 104,213. Kurv Technology Titans Select ETF has a 12 month low of $19.72 and a 12 month high of $30.65. The company’s 50 day moving average price is $28.02 and its 200 day moving average price is $28.57. The firm has a market capitalization of $93.13 million, a PE ratio of 31.91 and a beta of 1.20.

Kurv Technology Titans Select ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Wednesday, January 28th were issued a $0.41 dividend. This represents a c) dividend on an annualized basis and a yield of 19.0%. The ex-dividend date of this dividend was Wednesday, January 28th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Triumph Capital Management bought a new position in Kurv Technology Titans Select ETF in the fourth quarter valued at approximately $48,000. Pasadena Private Wealth LLC acquired a new position in shares of Kurv Technology Titans Select ETF during the 4th quarter worth $264,000. Jane Street Group LLC bought a new stake in shares of Kurv Technology Titans Select ETF during the 1st quarter worth $275,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Kurv Technology Titans Select ETF during the 4th quarter worth $474,000. Finally, Wolverine Trading LLC acquired a new stake in Kurv Technology Titans Select ETF in the third quarter valued at about $486,000.

Kurv Technology Titans Select ETF Company Profile

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.