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

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 309 shares, a decline of 25.0% from the March 31st total of 412 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,129 shares, the short-interest ratio is presently 0.3 days.

iShares Nasdaq-100 ex Top 30 ETF Trading Up 0.8%

NASDAQ QNXT traded up $0.22 on Wednesday, hitting $28.43. 1,765 shares of the company traded hands, compared to its average volume of 1,248. The company has a market capitalization of $17.06 million, a price-to-earnings ratio of 27.80 and a beta of 1.12. The business’s 50 day moving average price is $27.29 and its 200-day moving average price is $27.61. iShares Nasdaq-100 ex Top 30 ETF has a 52-week low of $23.39 and a 52-week high of $28.69.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

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

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.