NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Short Interest Up 85.8% in December

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,561 shares, an increase of 85.8% from the November 30th total of 5,147 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 26,375 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 26,375 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance

Shares of NASDAQ:QQQH opened at $54.88 on Friday. The company’s fifty day moving average is $54.65 and its two-hundred day moving average is $53.79. 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 capitalization of $352.88 million, a price-to-earnings ratio of 30.94 and a beta of 0.62.

NEOS Nasdaq-100 Hedged Equity Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a dividend of $0.4116 per share. This is a positive change from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous dividend of $0.41. The ex-dividend date was Wednesday, December 24th.

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.