iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Up 25.6% in March

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 412 shares, an increase of 25.6% from the March 15th total of 328 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,049 shares, the days-to-cover ratio is currently 0.4 days.

iShares Nasdaq-100 ex Top 30 ETF Trading Up 0.5%

QNXT stock traded up $0.15 during trading on Thursday, reaching $27.86. 1,394 shares of the stock were exchanged, compared to its average volume of 1,276. The firm has a market cap of $16.72 million, a P/E ratio of 27.80 and a beta of 1.12. iShares Nasdaq-100 ex Top 30 ETF has a twelve month low of $21.63 and a twelve month high of $28.65. The firm’s 50 day moving average is $27.14 and its 200 day moving average is $27.60.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a $0.053 dividend. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, March 17th.

About iShares Nasdaq-100 ex Top 30 ETF

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.