NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 16,097 shares, an increase of 121.4% from the April 30th total of 7,272 shares. Based on an average daily volume of 30,937 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.
Institutional Investors Weigh In On NEOS Nasdaq-100 Hedged Equity Income ETF
A hedge fund recently raised its stake in NEOS Nasdaq-100 Hedged Equity Income ETF stock. Advisory Services Network LLC increased its holdings in shares of NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH – Free Report) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,407 shares of the company’s stock after acquiring an additional 199 shares during the period. Advisory Services Network LLC owned about 0.17% of NEOS Nasdaq-100 Hedged Equity Income ETF worth $619,000 at the end of the most recent reporting period.
NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance
Shares of QQQH traded down $0.03 during trading hours on Friday, reaching $56.09. 36,286 shares of the company traded hands, compared to its average volume of 29,759. The stock’s fifty day moving average is $53.83 and its 200 day moving average is $54.02. NEOS Nasdaq-100 Hedged Equity Income ETF has a 1-year low of $50.08 and a 1-year high of $56.43. The stock has a market cap of $376.92 million, a P/E ratio of 30.94 and a beta of 0.68.
NEOS Nasdaq-100 Hedged Equity Income ETF Dividend Announcement
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.
Recommended Stories
- Five stocks we like better than NEOS Nasdaq-100 Hedged Equity Income ETF
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Receive News & Ratings for NEOS Nasdaq-100 Hedged Equity Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS Nasdaq-100 Hedged Equity Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
