NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Sees Significant Increase in Short Interest

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) saw a significant growth in short interest in 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. Based on an average daily volume of 27,077 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 27,077 shares, the short-interest ratio is presently 0.5 days.

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 purchased a new stake in NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 902 shares of the company’s stock, valued at approximately $49,000.

NEOS Nasdaq-100 Hedged Equity Income ETF Trading Down 0.7%

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

NEOS Nasdaq-100 Hedged Equity Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.3992 per share. The ex-dividend date is Wednesday, February 25th. This represents a c) dividend on an annualized basis and a yield of 9.0%.

About NEOS Nasdaq-100 Hedged Equity Income ETF

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.