NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Sees Significant Decrease in Short Interest

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQHGet Free Report) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 5,310 shares, a decline of 85.1% from the June 15th total of 35,686 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 43,433 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

A hedge fund recently raised its stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Advisory Services Network LLC raised its holdings in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQHFree Report) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,407 shares of the company’s stock after acquiring an additional 199 shares during the period. Advisory Services Network LLC owned approximately 0.17% of NEOS Nasdaq-100 Hedged Equity Income ETF worth $619,000 at the end of the most recent reporting period.

NEOS Nasdaq-100 Hedged Equity Income ETF Trading Down 1.0%

Shares of NEOS Nasdaq-100 Hedged Equity Income ETF stock traded down $0.58 during trading on Monday, hitting $55.10. The stock had a trading volume of 19,190 shares, compared to its average volume of 31,106. The firm has a market cap of $384.05 million, a price-to-earnings ratio of 30.94 and a beta of 0.68. NEOS Nasdaq-100 Hedged Equity Income ETF has a 12 month low of $50.08 and a 12 month high of $56.76. The business’s 50-day moving average is $55.52 and its 200 day moving average is $54.24.

NEOS Nasdaq-100 Hedged Equity Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Wednesday, June 24th were given a dividend of $0.4219 per share. The ex-dividend date was Wednesday, June 24th. This is a positive change from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous monthly dividend of $0.39. This represents a c) annualized dividend and a yield of 9.2%.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for NEOS Nasdaq-100 Hedged Equity Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS Nasdaq-100 Hedged Equity Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.