Short Interest in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Declines By 83.6%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,953 shares, a drop of 83.6% from the July 15th total of 30,129 shares. Based on an average daily trading volume, of 48,440 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Kurv Technology Titans Select ETF Stock Up 0.3%

KQQQ traded up $0.10 during trading on Wednesday, reaching $29.29. 9,904 shares of the stock traded hands, compared to its average volume of 58,975. The stock’s 50-day moving average is $29.64 and its 200 day moving average is $28.14. Kurv Technology Titans Select ETF has a 12 month low of $23.13 and a 12 month high of $31.84. The stock has a market capitalization of $127.41 million, a PE ratio of 31.91 and a beta of 1.54.

Kurv Technology Titans Select ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, July 30th. Investors of record on Wednesday, July 29th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, July 29th.

Hedge Funds Weigh In On Kurv Technology Titans Select ETF

Institutional investors and hedge funds have recently modified their holdings of the business. NFSG Corp boosted its holdings in Kurv Technology Titans Select ETF by 550.4% in the first quarter. NFSG Corp now owns 109,878 shares of the company’s stock worth $2,655,000 after acquiring an additional 92,985 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Kurv Technology Titans Select ETF during the fourth quarter valued at approximately $2,456,000. Envestnet Asset Management Inc. bought a new stake in shares of Kurv Technology Titans Select ETF during the third quarter valued at approximately $518,000. Wolverine Trading LLC acquired a new position in shares of Kurv Technology Titans Select ETF during the third quarter worth approximately $486,000. Finally, Jane Street Group LLC acquired a new position in shares of Kurv Technology Titans Select ETF during the fourth quarter worth approximately $465,000.

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.