Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) Sees Significant Drop in Short Interest

Posted by Casey Walker on Nov 14th, 2024

Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 75.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco ESG NASDAQ Next Gen 100 ETF

A hedge fund recently raised its stake in Invesco ESG NASDAQ Next Gen 100 ETF stock. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG – Free Report) by 13.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,846 shares of the company’s stock after acquiring an additional 5,496 shares during the period. Envestnet Portfolio Solutions Inc. owned 18.34% of Invesco ESG NASDAQ Next Gen 100 ETF worth $1,039,000 at the end of the most recent reporting period.

Invesco ESG NASDAQ Next Gen 100 ETF Price Performance

Shares of NASDAQ QQJG traded down $0.15 during mid-day trading on Wednesday, hitting $24.00. The company had a trading volume of 333 shares, compared to its average volume of 906. Invesco ESG NASDAQ Next Gen 100 ETF has a 1-year low of $18.76 and a 1-year high of $24.40. The company has a market capitalization of $6 million, a PE ratio of 25.83 and a beta of 1.06. The business’s 50-day simple moving average is $23.22 and its 200 day simple moving average is $22.39.

Invesco ESG NASDAQ Next Gen 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.034 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco ESG NASDAQ Next Gen 100 ETF Company Profile

(Get Free Report)

The Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is an exchange-traded fund that is based on the Nasdaq Next Generation 100 ESG index. The fund tracks an index of NASDAQ Next Gen 100 stocks screened and weighted based on various environmental, social, and governance factors. QQJG was launched on Oct 27, 2021 and is managed by Invesco.