Short Interest in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Grows By 609.2%

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) saw a significant growth in short interest in the month of 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 daily volume of 1,715 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,715 shares, the days-to-cover ratio is currently 1.1 days.

iShares Nasdaq-100 ex Top 30 ETF Price Performance

NASDAQ:QNXT traded down $0.21 during trading hours on Wednesday, reaching $27.92. 1,002 shares of the company were exchanged, compared to its average volume of 1,929. The business has a 50 day moving average of $27.66 and a 200 day moving average of $27.24. iShares Nasdaq-100 ex Top 30 ETF has a 1-year low of $20.51 and a 1-year high of $28.65. The company has a market capitalization of $16.75 million, a P/E ratio of 27.80 and a beta of 1.47.

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 dividend of $0.0613 per share. This is an increase from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $0.25 annualized dividend and a dividend yield of 0.9%.

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 position in shares of iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.

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.