NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Update

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 734,267 shares, a decrease of 73.6% from the July 15th total of 2,785,720 shares. Based on an average trading volume of 6,602,774 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are sold short.

NEOS Nasdaq 100 High Income ETF Stock Performance

QQQI traded down $0.01 during trading on Friday, hitting $55.77. The stock had a trading volume of 3,560,650 shares, compared to its average volume of 6,087,927. The company has a market capitalization of $14.14 billion, a PE ratio of 32.88 and a beta of 0.95. NEOS Nasdaq 100 High Income ETF has a twelve month low of $47.87 and a twelve month high of $57.84. The stock has a 50 day simple moving average of $55.09 and a two-hundred day simple moving average of $53.98.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 24th. Stockholders of record on Wednesday, July 22nd were issued a dividend of $0.6346 per share. The ex-dividend date was Wednesday, July 22nd.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

Institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new position in shares of NEOS Nasdaq 100 High Income ETF in the 4th quarter valued at approximately $624,000. FSA Advisors Inc. grew its position in NEOS Nasdaq 100 High Income ETF by 80.5% during the 4th quarter. FSA Advisors Inc. now owns 55,410 shares of the company’s stock worth $2,984,000 after purchasing an additional 24,719 shares during the last quarter. PSI Advisors LLC grew its position in NEOS Nasdaq 100 High Income ETF by 48.9% during the 4th quarter. PSI Advisors LLC now owns 68,777 shares of the company’s stock worth $3,704,000 after purchasing an additional 22,593 shares during the last quarter. Chung Wu Investment Group LLC grew its position in NEOS Nasdaq 100 High Income ETF by 15.0% during the 4th quarter. Chung Wu Investment Group LLC now owns 114,456 shares of the company’s stock worth $6,165,000 after purchasing an additional 14,940 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in NEOS Nasdaq 100 High Income ETF during the 1st quarter valued at approximately $3,727,000.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.