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

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 16,680 shares, an increase of 74.5% from the December 15th total of 9,561 shares. Based on an average daily trading volume, of 26,206 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 26,206 shares, the days-to-cover ratio is currently 0.6 days.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Down 0.1%

QQQH opened at $54.67 on Friday. The company has a market cap of $357.00 million, a P/E ratio of 30.94 and a beta of 0.62. The firm’s 50-day moving average price is $54.51 and its 200-day moving average price is $54.05. NEOS Nasdaq-100 Hedged Equity Income ETF has a 52-week low of $43.02 and a 52-week high of $55.90.

NEOS Nasdaq-100 Hedged Equity Income ETF Increases Dividend

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

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.