Short Interest in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Rises By 212.4%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 30,129 shares, an increase of 212.4% from the June 30th total of 9,643 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 33,459 shares, the days-to-cover ratio is presently 0.9 days.

Kurv Technology Titans Select ETF Stock Down 0.6%

Kurv Technology Titans Select ETF stock traded down $0.18 during mid-day trading on Tuesday, reaching $28.16. 43,557 shares of the company’s stock were exchanged, compared to its average volume of 60,633. The company has a fifty day moving average of $30.12 and a 200-day moving average of $28.07. The company has a market cap of $120.81 million, a P/E ratio of 31.91 and a beta of 1.51. Kurv Technology Titans Select ETF has a twelve month low of $23.13 and a twelve month high of $31.84.

Kurv Technology Titans Select ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 24th were issued a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, June 24th.

Institutional Investors Weigh In On Kurv Technology Titans Select ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. NFSG Corp grew its holdings in shares of Kurv Technology Titans Select ETF by 550.4% during the first quarter. NFSG Corp now owns 109,878 shares of the company’s stock worth $2,655,000 after buying an additional 92,985 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Kurv Technology Titans Select ETF during the fourth quarter worth approximately $2,456,000. Jaffetilchin Investment Partners LLC acquired a new stake in shares of Kurv Technology Titans Select ETF during the fourth quarter worth $615,000. Envestnet Asset Management Inc. acquired a new position in Kurv Technology Titans Select ETF in the 3rd quarter valued at $518,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in Kurv Technology Titans Select ETF during the fourth quarter worth about $474,000.

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.