iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Sees Large Growth in Short Interest

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXTGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 1,844 shares, a growth of 609.2% from the December 15th total of 260 shares. Based on an average trading volume of 1,715 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 1,715 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On iShares Nasdaq-100 ex Top 30 ETF

An institutional investor recently bought a new position in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC acquired a new stake in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXTFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,506 shares of the company’s stock, valued at approximately $225,000. Insigneo Advisory Services LLC owned approximately 1.42% of iShares Nasdaq-100 ex Top 30 ETF at the end of the most recent reporting period.

iShares Nasdaq-100 ex Top 30 ETF Stock Down 0.3%

Shares of QNXT opened at $28.28 on Tuesday. The company has a market capitalization of $16.97 million, a price-to-earnings ratio of 27.80 and a beta of 1.47. iShares Nasdaq-100 ex Top 30 ETF has a 52-week low of $20.51 and a 52-week high of $28.65. The stock has a 50 day moving average price of $27.65 and a 200 day moving average price of $27.22.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.0613 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.04.

About iShares Nasdaq-100 ex Top 30 ETF

(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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