Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Short Interest Update

Posted by KOP Source Staff on Oct 15th, 2024

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 300 shares, a drop of 25.0% from the September 15th total of 400 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Nasdaq Future Gen 200 ETF Stock Performance

QQQS traded down $0.11 during trading on Tuesday, reaching $27.08. 1,583 shares of the stock traded hands, compared to its average volume of 4,246. The stock’s 50-day moving average is $26.42 and its 200 day moving average is $26.06. Invesco Nasdaq Future Gen 200 ETF has a 12 month low of $19.91 and a 12 month high of $29.09.

Invesco Nasdaq Future Gen 200 ETF Increases 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 $0.114 per share. This is an increase from Invesco Nasdaq Future Gen 200 ETF’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.46 annualized dividend and a dividend yield of 1.68%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. boosted its holdings in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS – Free Report) by 7.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,953 shares of the company’s stock after purchasing an additional 1,426 shares during the quarter. Avantax Advisory Services Inc. owned about 6.65% of Invesco Nasdaq Future Gen 200 ETF worth $541,000 at the end of the most recent quarter.

About Invesco Nasdaq Future Gen 200 ETF

(Get Free Report)

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ.