Next Frontier Internet ETF (NYSEARCA:FMQQ – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 722 shares, a decline of 63.5% from the May 31st total of 1,976 shares. Based on an average trading volume of 2,448 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
Hedge Funds Weigh In On Next Frontier Internet ETF
A hedge fund recently bought a new stake in Next Frontier Internet ETF stock. Miller Global Investments LLC bought a new position in shares of Next Frontier Internet ETF (NYSEARCA:FMQQ – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,066 shares of the company’s stock, valued at approximately $402,000. Miller Global Investments LLC owned approximately 1.51% of Next Frontier Internet ETF at the end of the most recent quarter.
Next Frontier Internet ETF Stock Up 1.5%
NYSEARCA FMQQ opened at $11.64 on Friday. The stock has a market capitalization of $21.53 million, a P/E ratio of 21.89 and a beta of 1.08. Next Frontier Internet ETF has a 52-week low of $10.78 and a 52-week high of $15.84. The firm has a 50-day moving average price of $11.63 and a 200 day moving average price of $12.41.
About Next Frontier Internet ETF
The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.
Featured Articles
- Five stocks we like better than Next Frontier Internet ETF
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
Receive News & Ratings for Next Frontier Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Next Frontier Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.
