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

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 1,497,899 shares, a growth of 57.5% from the August 31st total of 951,227 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 3,942,456 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

Hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new position in NEOS Nasdaq 100 High Income ETF in the 1st quarter worth approximately $3,727,000. Bogart Wealth LLC grew its position in shares of NEOS Nasdaq 100 High Income ETF by 2,465.5% in the first quarter. Bogart Wealth LLC now owns 17,599 shares of the company’s stock valued at $874,000 after purchasing an additional 16,913 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF in the second quarter valued at approximately $868,000. Capital & Planning LLC increased its holdings in shares of NEOS Nasdaq 100 High Income ETF by 135.3% in the second quarter. Capital & Planning LLC now owns 22,632 shares of the company’s stock valued at $1,285,000 after purchasing an additional 13,015 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in NEOS Nasdaq 100 High Income ETF by 61.7% during the first quarter. Sound Income Strategies LLC now owns 19,999 shares of the company’s stock worth $1,004,000 after buying an additional 7,633 shares in the last quarter.

NEOS Nasdaq 100 High Income ETF Trading Up 0.2%

QQQI traded up $0.09 on Wednesday, hitting $55.55. 2,945,065 shares of the company’s stock were exchanged, compared to its average volume of 5,756,912. NEOS Nasdaq 100 High Income ETF has a fifty-two week low of $47.87 and a fifty-two week high of $57.84. The stock has a market cap of $14.92 billion, a price-to-earnings ratio of 32.88 and a beta of 0.95. The firm has a 50-day moving average price of $54.43 and a 200-day moving average price of $54.39.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 18th. Investors of record on Wednesday, September 16th were given a dividend of $0.6339 per share. The ex-dividend date was Wednesday, September 16th. This is a drop from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.6518. This represents a $7.61 dividend on an annualized basis and a yield of 13.7%.

About NEOS Nasdaq 100 High Income ETF

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.