Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Down 75.3% in April

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 62 shares, a decrease of 75.3% from the April 15th total of 251 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,818 shares, the short-interest ratio is currently 0.0 days.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Down 0.4%

NASDAQ:QOWZ traded down $0.14 during midday trading on Friday, hitting $33.52. The stock had a trading volume of 501 shares, compared to its average volume of 2,384. Invesco Nasdaq Free Cash Flow Achievers ETF has a one year low of $30.58 and a one year high of $37.26. The company has a market capitalization of $13.41 million, a price-to-earnings ratio of 36.92 and a beta of 0.98. The stock has a 50-day moving average of $32.76 and a 200 day moving average of $34.44.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.0226 per share. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.02.

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

An institutional investor recently raised its position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 114,652 shares of the company’s stock after buying an additional 5,032 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 28.66% of Invesco Nasdaq Free Cash Flow Achievers ETF worth $4,155,000 at the end of the most recent quarter.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

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. QOWZ was launched on Dec 6, 2023 and is issued by Invesco.