NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Update

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 1,006,577 shares, a decline of 64.8% from the April 15th total of 2,858,720 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 6,592,717 shares, the short-interest ratio is presently 0.2 days.

NEOS Nasdaq 100 High Income ETF Price Performance

NASDAQ:QQQI traded down $0.52 during trading hours on Friday, hitting $56.41. The company had a trading volume of 7,169,450 shares, compared to its average volume of 6,005,877. The company has a market capitalization of $11.43 billion, a PE ratio of 32.88 and a beta of 0.91. The stock has a 50-day moving average price of $52.63 and a 200 day moving average price of $53.48. NEOS Nasdaq 100 High Income ETF has a 52 week low of $47.87 and a 52 week high of $57.01.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 24th. Investors of record on Wednesday, April 22nd were issued a $0.6297 dividend. This represents a c) annualized dividend and a yield of 13.4%. This is an increase from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.61. The ex-dividend date was Wednesday, April 22nd.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

Several large investors have recently added to or reduced their stakes in QQQI. NewEdge Advisors LLC bought a new stake in NEOS Nasdaq 100 High Income ETF in the first quarter valued at $113,000. Captrust Financial Advisors bought a new stake in NEOS Nasdaq 100 High Income ETF in the second quarter valued at $296,000. Bogart Wealth LLC boosted its position in shares of NEOS Nasdaq 100 High Income ETF by 2,295.2% during the third quarter. Bogart Wealth LLC now owns 503 shares of the company’s stock valued at $27,000 after purchasing an additional 482 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of NEOS Nasdaq 100 High Income ETF by 28.5% during the third quarter. Arkadios Wealth Advisors now owns 7,372 shares of the company’s stock valued at $400,000 after purchasing an additional 1,637 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of NEOS Nasdaq 100 High Income ETF during the third quarter valued at approximately $56,000.

About NEOS Nasdaq 100 High Income ETF

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.