NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Short Interest Update

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 13,835 shares, a growth of 121.3% from the January 29th total of 6,251 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 27,077 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 27,077 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF

An institutional investor recently bought a new position in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Garton & Associates Financial Advisors LLC acquired a new stake in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 902 shares of the company’s stock, valued at approximately $49,000.

NEOS Nasdaq-100 Hedged Equity Income ETF Price Performance

Shares of QQQH opened at $53.43 on Friday. NEOS Nasdaq-100 Hedged Equity Income ETF has a 1-year low of $43.02 and a 1-year high of $55.90. The stock has a market cap of $353.71 million, a PE ratio of 30.94 and a beta of 0.62. The firm has a fifty day moving average price of $54.24 and a 200 day moving average price of $54.26.

NEOS Nasdaq-100 Hedged Equity Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Wednesday, February 25th will be given a $0.3992 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

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.