Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Sees Significant Decrease in Short Interest

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 5,400 shares, a drop of 78.9% from the January 29th total of 25,637 shares. Based on an average daily volume of 89,358 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 89,358 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of Kurv Technology Titans Select ETF in the first quarter worth $275,000. 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. Envestnet Asset Management Inc. bought a new stake in Kurv Technology Titans Select ETF in the 3rd quarter valued at $518,000. Wolverine Trading LLC acquired a new stake in Kurv Technology Titans Select ETF in the 3rd quarter worth $486,000. Finally, Jaffetilchin Investment Partners LLC bought a new position in shares of Kurv Technology Titans Select ETF during the 4th quarter worth about $615,000.

Kurv Technology Titans Select ETF Price Performance

NASDAQ:KQQQ traded down $0.15 during midday trading on Friday, reaching $25.70. The stock had a trading volume of 40,447 shares, compared to its average volume of 93,719. The stock has a market capitalization of $92.52 million, a P/E ratio of 31.91 and a beta of 1.20. Kurv Technology Titans Select ETF has a 1-year low of $19.72 and a 1-year high of $30.65. The firm’s fifty day simple moving average is $27.42 and its 200-day simple moving average is $28.42.

Kurv Technology Titans Select ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 25th were paid a dividend of $0.41 per share. The ex-dividend date was Wednesday, February 25th. This represents a c) annualized dividend and a yield of 19.1%.

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.