NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 9,185 shares, a growth of 73.0% from the June 30th total of 5,310 shares. Based on an average trading volume of 30,621 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Investors Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF
A hedge fund recently raised its position in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Advisory Services Network LLC grew its stake in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Free Report) by 1.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,407 shares of the company’s stock after acquiring an additional 199 shares during the period. Advisory Services Network LLC owned about 0.17% of NEOS Nasdaq-100 Hedged Equity Income ETF worth $619,000 as of its most recent filing with the SEC.
NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance
Shares of QQQH stock opened at $53.45 on Friday. The stock’s fifty day moving average is $55.16 and its two-hundred day moving average is $54.20. The firm has a market capitalization of $373.62 million, a P/E ratio of 30.94 and a beta of 0.68. NEOS Nasdaq-100 Hedged Equity Income ETF has a fifty-two week low of $50.08 and a fifty-two week high of $56.76.
NEOS Nasdaq-100 Hedged Equity Income ETF Increases Dividend
NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile
The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.
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