Short Interest in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Declines By 73.7%

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 15,500 shares, a decrease of 73.7% from the December 15th total of 59,000 shares. Based on an average daily trading volume, of 263,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

An institutional investor recently bought a new position in NEOS Nasdaq 100 High Income ETF stock. AdvisorNet Financial Inc bought a new stake in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 564 shares of the company’s stock, valued at approximately $30,000.

NEOS Nasdaq 100 High Income ETF Stock Performance

Shares of NEOS Nasdaq 100 High Income ETF stock traded down $0.06 on Tuesday, reaching $51.92. 250,057 shares of the company were exchanged, compared to its average volume of 320,429. The firm has a market cap of $759.07 million, a price-to-earnings ratio of 30.79 and a beta of 1.09. NEOS Nasdaq 100 High Income ETF has a 1-year low of $45.65 and a 1-year high of $54.28. The company’s 50-day moving average is $52.86 and its two-hundred day moving average is $51.57.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were given a $0.6216 dividend. This is a boost from NEOS Nasdaq 100 High Income ETF’s previous dividend of $0.61. The ex-dividend date was Tuesday, December 24th.

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.