iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Sees Large Decrease in Short Interest

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,756 shares, a drop of 47.1% from the September 15th total of 5,212 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 2,915 shares, the short-interest ratio is currently 0.9 days.

iShares Nasdaq-100 ex Top 30 ETF Price Performance

QNXT traded down $0.47 during trading on Wednesday, hitting $30.76. The company had a trading volume of 562 shares, compared to its average volume of 3,596. The company has a market cap of $27.68 million, a PE ratio of 27.80 and a beta of 1.11. The business has a 50-day moving average of $31.37 and a 200-day moving average of $30.32. iShares Nasdaq-100 ex Top 30 ETF has a 1-year low of $25.51 and a 1-year high of $32.59.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.0504 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.7%. This is a drop from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.0524.

iShares Nasdaq-100 ex Top 30 ETF Company Profile

(Get Free Report)

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.

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