VictoryShares Nasdaq Next 50 ETF (NASDAQ:QQQN) Short Interest Update

VictoryShares Nasdaq Next 50 ETF (NASDAQ:QQQNGet Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, a decrease of 21.4% from the February 29th total of 1,400 shares. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of VictoryShares Nasdaq Next 50 ETF

A number of institutional investors have recently modified their holdings of the company. UBS Group AG boosted its position in VictoryShares Nasdaq Next 50 ETF by 15,486.8% during the 3rd quarter. UBS Group AG now owns 8,261 shares of the company’s stock worth $185,000 after purchasing an additional 8,208 shares during the period. Private Advisor Group LLC purchased a new stake in shares of VictoryShares Nasdaq Next 50 ETF in the first quarter worth about $271,000. Advisor Group Holdings Inc. grew its stake in shares of VictoryShares Nasdaq Next 50 ETF by 15.1% in the first quarter. Advisor Group Holdings Inc. now owns 9,058 shares of the company’s stock valued at $291,000 after buying an additional 1,190 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of VictoryShares Nasdaq Next 50 ETF during the 4th quarter valued at about $408,000. Finally, Wealthcare Advisory Partners LLC purchased a new stake in shares of VictoryShares Nasdaq Next 50 ETF during the 4th quarter valued at about $426,000.

VictoryShares Nasdaq Next 50 ETF Price Performance

QQQN stock traded down $0.06 on Friday, hitting $29.69. 3,557 shares of the company were exchanged, compared to its average volume of 46,444. The stock has a market capitalization of $94.12 million, a price-to-earnings ratio of 27.26 and a beta of 1.09. VictoryShares Nasdaq Next 50 ETF has a twelve month low of $22.50 and a twelve month high of $29.96. The business’s fifty day moving average is $28.39 and its two-hundred day moving average is $26.24.

VictoryShares Nasdaq Next 50 ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Tuesday, March 12th were issued a $0.0529 dividend. The ex-dividend date was Monday, March 11th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 2.14%.

About VictoryShares Nasdaq Next 50 ETF

(Get Free Report)

The VictoryShares Nasdaq Next 50 ETF (QQQN) is an exchange-traded fund that is based on the NASDAQ Q-50 index. The fund tracks a market-cap weighted, narrow index of 50 non-financial stocks that are next-eligible for inclusion in the NASDAQ-100 Index. QQQN was launched on Sep 10, 2020 and is managed by VictoryShares.

Read More

Receive News & Ratings for VictoryShares Nasdaq Next 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares Nasdaq Next 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.