Short Interest in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Declines By 83.6%

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,953 shares, a drop of 83.6% from the July 15th total of 30,129 shares. Based on an average daily volume of 48,440 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Kurv Technology Titans Select ETF Price Performance

NASDAQ:KQQQ traded up $0.10 during trading hours on Wednesday, hitting $29.29. The company’s stock had a trading volume of 9,904 shares, compared to its average volume of 58,975. Kurv Technology Titans Select ETF has a twelve month low of $23.13 and a twelve month high of $31.84. The stock has a fifty day simple moving average of $29.64 and a 200-day simple moving average of $28.14. The company has a market capitalization of $127.41 million, a P/E ratio of 31.91 and a beta of 1.54.

Kurv Technology Titans Select ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, July 30th. Shareholders of record on Wednesday, July 29th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, July 29th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. NFSG Corp increased its stake in shares of Kurv Technology Titans Select ETF by 550.4% in the first quarter. NFSG Corp now owns 109,878 shares of the company’s stock valued at $2,655,000 after buying an additional 92,985 shares during the period. Pasadena Private Wealth LLC acquired a new position in shares of Kurv Technology Titans Select ETF in the fourth quarter worth approximately $264,000. Janney Montgomery Scott LLC bought a new stake in Kurv Technology Titans Select ETF in the fourth quarter valued at approximately $2,456,000. Envestnet Asset Management Inc. acquired a new stake in Kurv Technology Titans Select ETF during the 3rd quarter valued at approximately $518,000. Finally, Jane Street Group LLC acquired a new stake in Kurv Technology Titans Select ETF during the 4th quarter valued at approximately $465,000.

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.