Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Sees Significant Decline in Short Interest

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 4,343 shares, a drop of 19.6% from the February 12th total of 5,400 shares. Based on an average trading volume of 55,607 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 55,607 shares, the days-to-cover ratio is presently 0.1 days.

Kurv Technology Titans Select ETF Trading Down 0.9%

NASDAQ:KQQQ traded down $0.22 during trading hours on Friday, reaching $25.46. 29,778 shares of the company were exchanged, compared to its average volume of 82,787. The firm has a market cap of $91.66 million, a PE ratio of 31.91 and a beta of 1.20. Kurv Technology Titans Select ETF has a twelve month low of $19.72 and a twelve month high of $30.65. The stock’s 50-day moving average is $26.87 and its 200-day moving average is $28.22.

Kurv Technology Titans Select ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 25th were paid a $0.41 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a c) dividend on an annualized basis and a yield of 19.3%.

Institutional Investors Weigh In On Kurv Technology Titans Select ETF

Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new position in shares of Kurv Technology Titans Select ETF during the fourth quarter valued at approximately $2,456,000. Forefront Wealth Partners LLC increased its position in shares of Kurv Technology Titans Select ETF by 41.6% during the second quarter. Forefront Wealth Partners LLC now owns 28,920 shares of the company’s stock worth $787,000 after purchasing an additional 8,503 shares in the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Kurv Technology Titans Select ETF during the fourth quarter worth approximately $615,000. Envestnet Asset Management Inc. acquired a new position in Kurv Technology Titans Select ETF in the 3rd quarter valued at $518,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in Kurv Technology Titans Select ETF in the 4th quarter valued at $474,000.

About Kurv Technology Titans Select ETF

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.