iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Short Interest Update

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 6,529 shares, an increase of 82.8% from the July 30th total of 3,572 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 2,799 shares, the days-to-cover ratio is currently 2.3 days.

iShares Nasdaq-100 ex Top 30 ETF Stock Down 0.9%

NASDAQ:QNXT traded down $0.28 during midday trading on Monday, hitting $31.75. The company had a trading volume of 273 shares, compared to its average volume of 3,693. The company has a market capitalization of $29.21 million, a PE ratio of 27.80 and a beta of 1.09. iShares Nasdaq-100 ex Top 30 ETF has a 52-week low of $25.51 and a 52-week high of $32.59. The stock’s fifty day moving average price is $31.28 and its 200-day moving average price is $29.51.

iShares Nasdaq-100 ex Top 30 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0524 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.21 annualized dividend and a dividend yield of 0.7%.

iShares Nasdaq-100 ex Top 30 ETF Company Profile

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an exchange-traded fund that is based on the Nasdaq-100 ex Top 30 index. The fund seeks to follow an index of the 31st to 100th largest Nasdaq-100 Index companies by market-cap. The funds holdings are weighted by market-cap QNXT was launched on Oct 23, 2024 and is issued by BlackRock.