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

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 12,972 shares, a growth of 198.7% from the February 26th total of 4,343 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 40,140 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 40,140 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new stake in shares of Kurv Technology Titans Select ETF during the 4th quarter worth about $474,000. Jane Street Group LLC acquired a new position in Kurv Technology Titans Select ETF during the first quarter valued at approximately $275,000. Wolverine Trading LLC acquired a new position in Kurv Technology Titans Select ETF during the third quarter valued at approximately $486,000. Envestnet Asset Management Inc. purchased a new stake in Kurv Technology Titans Select ETF during the third quarter worth approximately $518,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Kurv Technology Titans Select ETF in the fourth quarter worth $2,456,000.

Kurv Technology Titans Select ETF Stock Performance

Kurv Technology Titans Select ETF stock traded down $0.14 during trading on Wednesday, reaching $24.87. The company had a trading volume of 22,444 shares, compared to its average volume of 77,041. Kurv Technology Titans Select ETF has a 12-month low of $19.72 and a 12-month high of $30.65. The stock’s 50 day moving average price is $26.50 and its two-hundred day moving average price is $28.10. The firm has a market capitalization of $89.53 million, a price-to-earnings ratio of 31.91 and a beta of 1.20.

Kurv Technology Titans Select ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.41 per share. This represents a c) dividend on an annualized basis and a dividend yield of 19.8%. The ex-dividend date was Wednesday, February 25th.

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.