Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Sees Significant Increase in Short Interest

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 39,741 shares, a growth of 212.9% from the November 30th total of 12,701 shares. Based on an average trading volume of 52,957 shares, the short-interest ratio is currently 0.8 days. Currently, 2.9% of the shares of the company are short sold. Currently, 2.9% of the shares of the company are short sold. Based on an average trading volume of 52,957 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Kurv Technology Titans Select ETF

A number of hedge funds have recently modified their holdings of the business. Forefront Wealth Partners LLC raised its position in Kurv Technology Titans Select ETF by 41.6% in the 2nd 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. Wolverine Trading LLC acquired a new position in Kurv Technology Titans Select ETF in the third quarter valued at $486,000. Envestnet Asset Management Inc. purchased a new stake in shares of Kurv Technology Titans Select ETF in the third quarter valued at about $518,000. Finally, Jane Street Group LLC purchased a new stake in shares of Kurv Technology Titans Select ETF in the first quarter valued at about $275,000.

Kurv Technology Titans Select ETF Stock Performance

KQQQ opened at $28.42 on Friday. Kurv Technology Titans Select ETF has a one year low of $19.72 and a one year high of $30.65. The stock has a market capitalization of $39.50 million, a P/E ratio of 31.91 and a beta of 1.20. The business’s 50-day simple moving average is $29.03 and its 200-day simple moving average is $28.35.

Kurv Technology Titans Select ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a $0.41 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a yield of 17.3%.

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.