iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Update

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,529 shares, a growth of 82.8% from the July 30th total of 3,572 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 2,799 shares, the days-to-cover ratio is presently 2.3 days.

iShares Nasdaq-100 ex Top 30 ETF Stock Down 1.2%

Shares of QNXT traded down $0.40 during mid-day trading on Friday, hitting $32.03. 9,101 shares of the company’s stock were exchanged, compared to its average volume of 3,714. The stock has a market cap of $29.47 million, a price-to-earnings ratio of 27.80 and a beta of 1.09. The firm has a fifty day moving average of $31.28 and a two-hundred day moving average of $29.51. iShares Nasdaq-100 ex Top 30 ETF has a twelve month low of $25.51 and a twelve month high of $32.59.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.0524 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.21 dividend on an annualized basis and a yield of 0.7%.

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.