GraniteShares YieldBOOST QQQ ETF (NASDAQ:TQQY) Sees Significant Growth in Short Interest

GraniteShares YieldBOOST QQQ ETF (NASDAQ:TQQY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 15,700 shares, a growth of 115.1% from the August 31st total of 7,300 shares. Based on an average daily volume of 18,400 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 18,400 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On GraniteShares YieldBOOST QQQ ETF

A hedge fund recently bought a new stake in GraniteShares YieldBOOST QQQ ETF stock. Jane Street Group LLC purchased a new position in GraniteShares YieldBOOST QQQ ETF (NASDAQ:TQQY) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,496 shares of the company’s stock, valued at approximately $372,000. Jane Street Group LLC owned 8.12% of GraniteShares YieldBOOST QQQ ETF at the end of the most recent reporting period.

GraniteShares YieldBOOST QQQ ETF Stock Performance

TQQY opened at $18.99 on Friday. The stock’s 50 day simple moving average is $18.78 and its 200 day simple moving average is $19.02. GraniteShares YieldBOOST QQQ ETF has a 1-year low of $17.64 and a 1-year high of $25.37.

GraniteShares YieldBOOST QQQ ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, October 7th. Investors of record on Friday, October 3rd will be issued a $0.1828 dividend. The ex-dividend date is Friday, October 3rd. This is an increase from GraniteShares YieldBOOST QQQ ETF’s previous dividend of $0.18.

About GraniteShares YieldBOOST QQQ ETF

GraniteShares ETF Trust – GraniteShares YieldBOOST QQQ ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets of global region. It invests through derivatives in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors.