Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Short Interest Up 212.4% in July

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 30,129 shares, a growth of 212.4% from the June 30th total of 9,643 shares. Based on an average trading volume of 33,459 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the company’s stock are sold short.

Kurv Technology Titans Select ETF Stock Performance

NASDAQ KQQQ opened at $28.46 on Monday. The company’s fifty day simple moving average is $30.15 and its 200-day simple moving average is $28.07. Kurv Technology Titans Select ETF has a 52 week low of $23.13 and a 52 week high of $31.84. The stock has a market cap of $122.09 million, a P/E ratio of 31.91 and a beta of 1.51.

Kurv Technology Titans Select ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 24th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, June 24th.

Hedge Funds Weigh In On Kurv Technology Titans Select ETF

A number of institutional investors have recently added to or reduced their stakes in KQQQ. Jane Street Group LLC acquired a new stake in shares of Kurv Technology Titans Select ETF during the first quarter valued at about $275,000. Envestnet Asset Management Inc. acquired a new position in shares of Kurv Technology Titans Select ETF in the third quarter worth about $518,000. Wolverine Trading LLC acquired a new position in shares of Kurv Technology Titans Select ETF in the third quarter worth about $486,000. Jaffetilchin Investment Partners LLC acquired a new position in shares of Kurv Technology Titans Select ETF in the fourth quarter worth about $615,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in Kurv Technology Titans Select ETF in the fourth quarter valued at about $474,000.

Kurv Technology Titans Select ETF Company Profile

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.