iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Sees Significant Drop in Short Interest

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 241 shares, a decrease of 86.9% from the December 31st total of 1,844 shares. Based on an average trading volume of 2,156 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,156 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC bought a new position in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,506 shares of the company’s stock, valued at approximately $225,000. Insigneo Advisory Services LLC owned 1.42% of iShares Nasdaq-100 ex Top 30 ETF at the end of the most recent quarter.

iShares Nasdaq-100 ex Top 30 ETF Stock Performance

Shares of QNXT traded up $0.17 on Wednesday, reaching $28.63. The stock had a trading volume of 184 shares, compared to its average volume of 1,823. iShares Nasdaq-100 ex Top 30 ETF has a 12-month low of $20.51 and a 12-month high of $28.65. The firm has a market capitalization of $17.18 million, a price-to-earnings ratio of 27.80 and a beta of 1.47. The company has a 50-day simple moving average of $27.82 and a 200-day simple moving average of $27.34.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

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

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.