Short Interest in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Drops By 43.8%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 22,318 shares, a decline of 43.8% from the December 15th total of 39,741 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 99,296 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 99,296 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.7% of the shares of the company are short sold.

Kurv Technology Titans Select ETF Price Performance

Kurv Technology Titans Select ETF stock traded down $0.03 during mid-day trading on Thursday, hitting $27.99. 110,030 shares of the company’s stock traded hands, compared to its average volume of 125,003. The firm has a 50 day simple moving average of $28.58 and a two-hundred day simple moving average of $28.54. Kurv Technology Titans Select ETF has a fifty-two week low of $19.72 and a fifty-two week high of $30.65. The stock has a market cap of $92.93 million, a price-to-earnings ratio of 31.91 and a beta of 1.20.

Kurv Technology Titans Select ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.41 per share. This represents a c) dividend on an annualized basis and a dividend yield of 17.6%. The ex-dividend date was Tuesday, December 23rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new stake in Kurv Technology Titans Select ETF during the first quarter worth approximately $275,000. Forefront Wealth Partners LLC grew its position in shares of Kurv Technology Titans Select ETF by 41.6% in the second quarter. Forefront Wealth Partners LLC now owns 28,920 shares of the company’s stock valued at $787,000 after purchasing an additional 8,503 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Kurv Technology Titans Select ETF during the third quarter worth approximately $518,000. Wolverine Trading LLC acquired a new stake in Kurv Technology Titans Select ETF during the 3rd quarter worth approximately $486,000. Finally, Jaffetilchin Investment Partners LLC bought a new stake in Kurv Technology Titans Select ETF in the 4th quarter valued at $615,000.

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.