Short Interest in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Declines By 72.9%

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 260 shares, a decline of 72.9% from the November 30th total of 961 shares. Based on an average trading volume of 2,003 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,003 shares, the days-to-cover ratio is currently 0.1 days.

iShares Nasdaq-100 ex Top 30 ETF Stock Performance

Shares of NASDAQ QNXT traded down $0.02 during mid-day trading on Friday, reaching $27.91. The company had a trading volume of 541 shares, compared to its average volume of 3,027. The stock has a fifty day moving average of $27.70 and a two-hundred day moving average of $27.02. iShares Nasdaq-100 ex Top 30 ETF has a 12-month low of $20.51 and a 12-month high of $28.65. The company has a market capitalization of $16.75 million, a price-to-earnings ratio of 27.80 and a beta of 1.47.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.0613 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.9%. This is an increase from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares Nasdaq-100 ex Top 30 ETF

A hedge fund recently bought a new stake in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC bought a new stake in shares of iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 at the end of the most recent reporting period.

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.