Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Up 154.5% in June

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 756 shares, an increase of 154.5% from the May 31st total of 297 shares. Based on an average daily trading volume, of 1,572 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

An institutional investor recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Concurrent Investment Advisors LLC acquired a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 7,672 shares of the company’s stock, valued at approximately $275,000. Concurrent Investment Advisors LLC owned about 1.92% 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

Shares of NASDAQ QOWZ opened at $33.31 on Monday. The business has a 50-day moving average of $33.78 and a 200-day moving average of $34.06. The stock has a market capitalization of $13.32 million, a price-to-earnings ratio of 36.92 and a beta of 0.99. Invesco Nasdaq Free Cash Flow Achievers ETF has a fifty-two week low of $30.58 and a fifty-two week high of $37.26.

Invesco Nasdaq Free Cash Flow Achievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0311 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, June 22nd.

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.