Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Stock Short Interest Jumps 395.7%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,953 shares, an increase of 395.7% from the August 31st total of 1,806 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 38,064 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Kurv Technology Titans Select ETF

Several hedge funds have recently made changes to their positions in the company. NFSG Corp grew its stake in Kurv Technology Titans Select ETF by 550.4% during the 1st quarter. NFSG Corp now owns 109,878 shares of the company’s stock valued at $2,655,000 after purchasing an additional 92,985 shares during the last quarter. Pasadena Private Wealth LLC acquired a new position in shares of Kurv Technology Titans Select ETF in the fourth quarter valued at about $264,000. Finally, Triumph Capital Management raised its stake in shares of Kurv Technology Titans Select ETF by 13.5% in the second quarter. Triumph Capital Management now owns 27,968 shares of the company’s stock worth $849,000 after purchasing an additional 3,335 shares during the last quarter.

Kurv Technology Titans Select ETF Trading Up 0.4%

Shares of Kurv Technology Titans Select ETF stock opened at $29.51 on Friday. The firm’s 50 day simple moving average is $28.86 and its two-hundred day simple moving average is $28.65. The firm has a market capitalization of $129.83 million, a price-to-earnings ratio of 31.91 and a beta of 1.53. Kurv Technology Titans Select ETF has a 12-month low of $23.13 and a 12-month high of $31.84.

Kurv Technology Titans Select ETF Company Profile

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.