iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Up 126.8% in May

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 542 shares, a growth of 126.8% from the April 30th total of 239 shares. Based on an average daily volume of 1,086 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

iShares Nasdaq-100 ex Top 30 ETF Trading Up 1.7%

Shares of NASDAQ:QNXT traded up $0.52 during midday trading on Monday, hitting $31.61. The company had a trading volume of 452 shares, compared to its average volume of 1,235. iShares Nasdaq-100 ex Top 30 ETF has a 12 month low of $24.90 and a 12 month high of $31.62. The stock has a market cap of $18.97 million, a price-to-earnings ratio of 27.80 and a beta of 1.07. The firm has a fifty day simple moving average of $28.25 and a 200 day simple moving average of $27.88.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.053 dividend. This represents a $0.21 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, March 17th.

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.