iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Stock Short Interest Drops 80.6%

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 535 shares, a decline of 80.6% from the September 30th total of 2,756 shares. Based on an average daily volume of 1,374 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

iShares Nasdaq-100 ex Top 30 ETF Stock Up 0.1%

Shares of NASDAQ:QNXT traded up $0.02 during trading on Wednesday, reaching $31.30. The stock had a trading volume of 4,235 shares, compared to its average volume of 3,559. iShares Nasdaq-100 ex Top 30 ETF has a 52 week low of $25.51 and a 52 week high of $32.59. The firm has a market capitalization of $28.17 million, a price-to-earnings ratio of 27.80 and a beta of 1.11. The stock has a fifty day simple moving average of $31.17 and a two-hundred day simple moving average of $29.65.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.0504 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, September 15th. This is a drop from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.0524.

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.