NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Update

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,228,465 shares, an increase of 67.3% from the July 30th total of 734,267 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 4,252,951 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Markowski Investments purchased a new stake in NEOS Nasdaq 100 High Income ETF in the 2nd quarter valued at $58,000. Valeo Financial Advisors LLC purchased a new position in NEOS Nasdaq 100 High Income ETF during the 2nd quarter worth $206,000. FNY Investment Advisers LLC purchased a new position in NEOS Nasdaq 100 High Income ETF during the 2nd quarter worth $868,000. CoreCap Advisors LLC grew its stake in shares of NEOS Nasdaq 100 High Income ETF by 30.0% in the 2nd quarter. CoreCap Advisors LLC now owns 28,643 shares of the company’s stock worth $1,627,000 after acquiring an additional 6,610 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of NEOS Nasdaq 100 High Income ETF by 1,401.3% in the first quarter. Parallel Advisors LLC now owns 5,615 shares of the company’s stock valued at $279,000 after purchasing an additional 5,241 shares during the last quarter.

NEOS Nasdaq 100 High Income ETF Trading Down 0.2%

Shares of QQQI traded down $0.09 on Monday, reaching $54.44. The company’s stock had a trading volume of 1,599,015 shares, compared to its average volume of 5,964,037. NEOS Nasdaq 100 High Income ETF has a twelve month low of $47.87 and a twelve month high of $57.84. The stock has a market capitalization of $13.80 billion, a PE ratio of 32.88 and a beta of 0.95. The firm has a fifty day moving average of $54.79 and a 200-day moving average of $54.04.

NEOS Nasdaq 100 High Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 21st. Stockholders of record on Wednesday, August 19th were paid a $0.6518 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a c) annualized dividend and a dividend yield of 14.4%.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.