Next Frontier Internet ETF (NYSEARCA:FMQQ) Short Interest Update

Next Frontier Internet ETF (NYSEARCA:FMQQ) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 914 shares, a growth of 55.2% from the January 29th total of 589 shares. Based on an average daily volume of 4,895 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 4,895 shares, the days-to-cover ratio is presently 0.2 days.

Next Frontier Internet ETF Stock Down 1.1%

Shares of NYSEARCA FMQQ opened at $12.40 on Tuesday. Next Frontier Internet ETF has a 52 week low of $11.47 and a 52 week high of $15.84. The business’s 50 day moving average price is $13.43 and its 200 day moving average price is $14.28. The firm has a market cap of $23.81 million, a P/E ratio of 21.89 and a beta of 1.11.

Next Frontier Internet ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.0846 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 61.0%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Next Frontier Internet ETF stock. Jane Street Group LLC grew its position in shares of Next Frontier Internet ETF (NYSEARCA:FMQQ) by 132.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,503 shares of the company’s stock after purchasing an additional 26,482 shares during the quarter. Jane Street Group LLC owned approximately 2.18% of Next Frontier Internet ETF worth $586,000 as of its most recent SEC filing.

Next Frontier Internet ETF Company Profile

The FMQQ Next Frontier Internet & Ecommerce ETF (FMQQ) is an exchange-traded fund that is based on the FMQQ index. The fund is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets. FMQQ was launched on Sep 28, 2021 and is managed by FMQQ.