Short Interest in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Expands By 22.4%

Posted by Casey Walker on Dec 2nd, 2024

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ – Get Free Report) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 10,400 shares, an increase of 22.4% from the October 31st total of 8,500 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 5.2 days.

Hedge Funds Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

A hedge fund recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 80,327 shares of the company’s stock, valued at approximately $2,435,000. Wealth Enhancement Advisory Services LLC owned 40.16% of Invesco Nasdaq Free Cash Flow Achievers ETF at the end of the most recent quarter.

Invesco Nasdaq Free Cash Flow Achievers ETF Price Performance

NASDAQ:QOWZ opened at $34.52 on Monday. The business’s 50-day moving average is $33.23 and its two-hundred day moving average is $31.28. The firm has a market capitalization of $10.36 million, a PE ratio of 31.80 and a beta of 1.34. Invesco Nasdaq Free Cash Flow Achievers ETF has a 12 month low of $23.79 and a 12 month high of $35.06.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.03. This represents a $0.26 annualized dividend and a yield of 0.75%.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

(Get Free Report)

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an exchange-traded fund that is based on the Nasdaq US Free Cash Flow Achievers index. The fund is passively managed, tracking an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth.