NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Short Interest Update

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 7,272 shares, a drop of 75.3% from the April 15th total of 29,399 shares. Based on an average daily volume of 27,928 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

A hedge fund recently raised its stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Advisory Services Network LLC increased its position in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,407 shares of the company’s stock after purchasing an additional 199 shares during the period. Advisory Services Network LLC owned about 0.17% of NEOS Nasdaq-100 Hedged Equity Income ETF worth $619,000 at the end of the most recent reporting period.

NEOS Nasdaq-100 Hedged Equity Income ETF Price Performance

NEOS Nasdaq-100 Hedged Equity Income ETF stock traded up $0.18 during midday trading on Thursday, reaching $55.84. The stock had a trading volume of 25,611 shares, compared to its average volume of 29,738. The firm’s fifty day simple moving average is $53.22 and its two-hundred day simple moving average is $53.96. NEOS Nasdaq-100 Hedged Equity Income ETF has a twelve month low of $50.08 and a twelve month high of $55.97. The firm has a market cap of $375.24 million, a price-to-earnings ratio of 30.94 and a beta of 0.68.

NEOS Nasdaq-100 Hedged Equity Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 1st. Investors of record on Wednesday, April 29th were paid a $0.4076 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.