Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Short Interest Up 147.2% in January

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 55,167 shares, an increase of 147.2% from the December 31st total of 22,318 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 122,832 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 122,832 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.6% of the shares of the stock are sold short.

Kurv Technology Titans Select ETF Stock Performance

Shares of KQQQ traded down $0.24 during trading hours on Friday, reaching $27.66. The stock had a trading volume of 70,811 shares, compared to its average volume of 110,981. Kurv Technology Titans Select ETF has a 12 month low of $19.72 and a 12 month high of $30.65. The stock has a market capitalization of $98.75 million, a PE ratio of 31.91 and a beta of 1.20. The company’s 50-day moving average is $28.35 and its two-hundred day moving average is $28.60.

Kurv Technology Titans Select ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Wednesday, January 28th were issued a dividend of $0.41 per share. This represents a c) dividend on an annualized basis and a dividend yield of 17.8%. The ex-dividend date was Wednesday, January 28th.

Institutional Investors Weigh In On Kurv Technology Titans Select ETF

Large investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in Kurv Technology Titans Select ETF during the 1st quarter worth about $275,000. Forefront Wealth Partners LLC boosted its position in shares of Kurv Technology Titans Select ETF by 41.6% during 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 in the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Kurv Technology Titans Select ETF during the 3rd quarter valued at about $518,000. Wolverine Trading LLC acquired a new stake in Kurv Technology Titans Select ETF during the third quarter worth approximately $486,000. Finally, Jaffetilchin Investment Partners LLC bought a new stake in Kurv Technology Titans Select ETF in the fourth quarter worth approximately $615,000.

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.