NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 13,164 shares, a drop of 36.1% from the August 31st total of 20,599 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 21,309 shares, the days-to-cover ratio is currently 0.6 days.
NEOS Nasdaq-100 Hedged Equity Income ETF Stock Up 0.5%
Shares of NASDAQ QQQH opened at $55.85 on Friday. The firm has a market cap of $399.89 million, a PE ratio of 30.94 and a beta of 0.68. NEOS Nasdaq-100 Hedged Equity Income ETF has a 12-month low of $50.08 and a 12-month high of $56.76. The company’s fifty day simple moving average is $54.71 and its 200 day simple moving average is $54.53.
NEOS Nasdaq-100 Hedged Equity Income ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Wednesday, September 23rd were issued a dividend of $0.4190 per share. This is an increase from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous monthly dividend of $0.4084. This represents a $5.03 annualized dividend and a dividend yield of 9.0%. The ex-dividend date was Wednesday, September 23rd.
About NEOS Nasdaq-100 Hedged Equity Income ETF
The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.
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