NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Update

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 38,400 shares, an increase of 60.0% from the January 31st total of 24,000 shares. Based on an average daily trading volume, of 364,200 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its position in shares of NEOS Nasdaq 100 High Income ETF by 24.8% during the fourth quarter. Ameriprise Financial Inc. now owns 33,604 shares of the company’s stock worth $1,760,000 after purchasing an additional 6,683 shares in the last quarter. Creative Financial Designs Inc. ADV acquired a new stake in NEOS Nasdaq 100 High Income ETF in the 3rd quarter valued at about $194,000. Private Trust Co. NA acquired a new stake in NEOS Nasdaq 100 High Income ETF in the 4th quarter valued at about $105,000. Finally, AdvisorNet Financial Inc purchased a new stake in NEOS Nasdaq 100 High Income ETF during the fourth quarter valued at about $30,000.

NEOS Nasdaq 100 High Income ETF Trading Down 0.2 %

Shares of NASDAQ:QQQI traded down $0.09 on Tuesday, hitting $50.33. The company had a trading volume of 733,237 shares, compared to its average volume of 442,259. The company has a market cap of $796.72 million, a PE ratio of 34.80 and a beta of 1.09. NEOS Nasdaq 100 High Income ETF has a 52-week low of $45.65 and a 52-week high of $54.47. The business has a 50 day moving average of $52.97 and a 200 day moving average of $52.14.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 26th were issued a $0.6138 dividend. The ex-dividend date was Wednesday, February 26th.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.