First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Sees Large Decrease in Short Interest

Posted by Stanley Muller on Sep 26th, 2026

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,024 shares, a drop of 95.1% from the August 31st total of 21,040 shares. Based on an average daily trading volume, of 4,970 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Earned Wealth Advisors LLC raised its stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% during the first quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock worth $17,776,000 after purchasing an additional 2,345 shares during the last quarter. Citadel Advisors LLC grew its position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% in the 2nd quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock valued at $1,908,000 after buying an additional 10,209 shares during the last quarter. Cetera Investment Advisers increased its stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 7.5% in the 1st quarter. Cetera Investment Advisers now owns 3,623 shares of the company’s stock valued at $354,000 after buying an additional 254 shares during the period. Equitable Trust Co. acquired a new position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 1st quarter valued at $351,000. Finally, Independent Financial Group LLC purchased a new position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter worth $254,000.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Up 0.5%

QQXT stock traded up $0.52 during trading on Friday, hitting $96.98. The company had a trading volume of 2,718 shares, compared to its average volume of 8,072. The firm has a market cap of $145.48 million, a PE ratio of 23.20 and a beta of 0.82. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a 1-year low of $95.86 and a 1-year high of $105.03. The firm has a 50-day moving average price of $100.74 and a 200-day moving average price of $99.20.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th will be paid a $0.1919 dividend. This is an increase from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.1870. The ex-dividend date is Thursday, September 24th. This represents a $0.77 annualized dividend and a dividend yield of 0.8%.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Company Profile

(Get Free Report)

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.