iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT – Get Free Report) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 8,162 shares, a growth of 1,425.6% from the October 15th total of 535 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,960 shares, the days-to-cover ratio is presently 2.1 days.
iShares Nasdaq-100 ex Top 30 ETF Price Performance
Shares of QNXT opened at $30.80 on Wednesday. iShares Nasdaq-100 ex Top 30 ETF has a 1 year low of $25.51 and a 1 year high of $32.59. The stock has a 50 day simple moving average of $30.87 and a two-hundred day simple moving average of $29.76. The firm has a market cap of $27.72 million, a P/E ratio of 25.29 and a beta of 1.10.
iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.0504 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, September 15th. This is a negative change from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.0524.
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.
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