Short Interest in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Rises By 412.5%

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,778 shares, an increase of 412.5% from the May 14th total of 542 shares. Based on an average trading volume of 1,293 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.5% of the shares of the company are sold short.

iShares Nasdaq-100 ex Top 30 ETF Trading Up 2.4%

QNXT traded up $0.74 during trading hours on Thursday, hitting $30.95. The company’s stock had a trading volume of 11,403 shares, compared to its average volume of 1,345. iShares Nasdaq-100 ex Top 30 ETF has a fifty-two week low of $25.40 and a fifty-two week high of $32.03. The firm has a market capitalization of $18.57 million, a PE ratio of 27.80 and a beta of 1.11. The company has a 50-day simple moving average of $29.06 and a 200 day simple moving average of $28.12.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a $0.053 dividend. This represents a $0.21 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, March 17th.

iShares Nasdaq-100 ex Top 30 ETF Company Profile

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an exchange-traded fund that is based on the Nasdaq-100 ex Top 30 index. The fund seeks to follow an index of the 31st to 100th largest Nasdaq-100 Index companies by market-cap. The funds holdings are weighted by market-cap QNXT was launched on Oct 23, 2024 and is issued by BlackRock.