Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Short Interest Up 212.9% in December

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 39,741 shares, a growth of 212.9% from the November 30th total of 12,701 shares. Based on an average daily trading volume, of 52,957 shares, the short-interest ratio is presently 0.8 days. Currently, 2.9% of the shares of the company are sold short. Currently, 2.9% of the shares of the company are sold short. Based on an average daily trading volume, of 52,957 shares, the short-interest ratio is presently 0.8 days.

Kurv Technology Titans Select ETF Stock Performance

Shares of NASDAQ:KQQQ remained flat at $28.42 during trading on Friday. The company’s stock had a trading volume of 86,573 shares, compared to its average volume of 23,689. The firm has a market cap of $39.50 million, a P/E ratio of 31.91 and a beta of 1.20. The firm’s 50-day moving average is $29.03 and its 200 day moving average is $28.33. Kurv Technology Titans Select ETF has a 12-month low of $19.72 and a 12-month high of $30.65.

Kurv Technology Titans Select ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a yield of 17.3%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KQQQ. Jane Street Group LLC purchased a new stake in shares of Kurv Technology Titans Select ETF in the first quarter worth about $275,000. Wolverine Trading LLC bought a new stake in Kurv Technology Titans Select ETF during the 3rd quarter worth approximately $486,000. Envestnet Asset Management Inc. purchased a new stake in Kurv Technology Titans Select ETF in the 3rd quarter worth approximately $518,000. Finally, Forefront Wealth Partners LLC boosted its holdings in Kurv Technology Titans Select ETF by 41.6% in the 2nd quarter. Forefront Wealth Partners LLC now owns 28,920 shares of the company’s stock valued at $787,000 after purchasing an additional 8,503 shares during the period.

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.