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

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 6,251 shares, a decline of 83.7% from the January 15th total of 38,264 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 37,256 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 37,256 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance

NASDAQ:QQQH opened at $53.81 on Wednesday. NEOS Nasdaq-100 Hedged Equity Income ETF has a fifty-two week low of $43.02 and a fifty-two week high of $55.90. The company has a 50 day moving average price of $54.50 and a 200 day moving average price of $54.24. The stock has a market capitalization of $356.22 million, a P/E ratio of 30.94 and a beta of 0.62.

NEOS Nasdaq-100 Hedged Equity Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 28th were paid a $0.411 dividend. The ex-dividend date of this dividend was Wednesday, January 28th.

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.