NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Short Interest Up 113.6% in October

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 31,400 shares, an increase of 113.6% from the September 30th total of 14,700 shares. Based on an average trading volume of 208,100 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NEOS Nasdaq 100 High Income ETF stock. VitalStone Financial LLC bought a new position in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 655 shares of the company’s stock, valued at approximately $33,000.

NEOS Nasdaq 100 High Income ETF Stock Performance

Shares of QQQI stock traded up $0.21 during mid-day trading on Friday, hitting $51.54. 202,601 shares of the stock were exchanged, compared to its average volume of 156,951. The stock’s fifty day simple moving average is $50.90 and its two-hundred day simple moving average is $50.73. NEOS Nasdaq 100 High Income ETF has a 12-month low of $45.65 and a 12-month high of $53.70. The stock has a market capitalization of $547.35 million, a price-to-earnings ratio of 30.79 and a beta of 1.09.

NEOS Nasdaq 100 High Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 23rd were given a $0.6098 dividend. The ex-dividend date of this dividend was Wednesday, October 23rd. This represents a $7.32 dividend on an annualized basis and a dividend yield of 14.20%.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.