Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Shares Shorted: Short Interest Down 56.3% in October

Posted by Joseph Casey on Oct 30th, 2026

Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 11,444 shares, a drop of 56.3% from the September 30th total of 26,173 shares. Based on an average trading volume of 19,030 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Invesco NASDAQ Internet ETF

Several institutional investors and hedge funds have recently bought and sold shares of PNQI. Partners Wealth Management LLC bought a new stake in shares of Invesco NASDAQ Internet ETF during the 3rd quarter worth $213,000. Sowell Financial Services LLC bought a new position in shares of Invesco NASDAQ Internet ETF during the 3rd quarter valued at about $587,000. Beaumont Financial Advisors LLC acquired a new stake in shares of Invesco NASDAQ Internet ETF in the 3rd quarter valued at about $203,000. SeaCrest Wealth Management LLC boosted its stake in shares of Invesco NASDAQ Internet ETF by 13.8% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 26,492 shares of the company’s stock worth $1,344,000 after buying an additional 3,214 shares during the last quarter. Finally, Fifth Third Securities Inc. bought a new position in shares of Invesco NASDAQ Internet ETF in the 3rd quarter valued at about $253,000.

Invesco NASDAQ Internet ETF Stock Performance

Invesco NASDAQ Internet ETF stock traded down $0.77 during trading on Friday, hitting $49.30. The company’s stock had a trading volume of 34,832 shares, compared to its average volume of 61,652. Invesco NASDAQ Internet ETF has a 1-year low of $42.80 and a 1-year high of $56.47. The stock’s fifty day moving average is $51.69 and its 200 day moving average is $48.99. The stock has a market capitalization of $516.13 million, a price-to-earnings ratio of 30.49 and a beta of 1.25.

About Invesco NASDAQ Internet ETF

(Get Free Report)

The Invesco NASDAQ Internet ETF (PNQI) is an exchange-traded fund that is based on the NASDAQ Internet index, a modified-market-cap-weighted index of Internet companies listed in the US. PNQI was launched on Jun 12, 2008 and is managed by Invesco.