Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Short Interest Update

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,086 shares, an increase of 341.5% from the April 15th total of 246 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 952 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of Invesco QQQ Hedged Advantage ETF

A hedge fund recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Jane Street Group LLC bought a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 47,898 shares of the company’s stock, valued at approximately $2,598,000. Jane Street Group LLC owned about 23.95% of Invesco QQQ Hedged Advantage ETF at the end of the most recent quarter.

Invesco QQQ Hedged Advantage ETF Stock Down 0.4%

QQHG traded down $0.29 during trading on Thursday, reaching $64.76. The company had a trading volume of 156 shares, compared to its average volume of 380. The stock has a market cap of $12.95 million, a P/E ratio of 32.70 and a beta of 0.75. The business has a 50 day simple moving average of $61.11 and a 200-day simple moving average of $60.57. Invesco QQQ Hedged Advantage ETF has a 52 week low of $51.49 and a 52 week high of $65.13.

Invesco QQQ Hedged Advantage ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.0358 dividend. This is a boost from Invesco QQQ Hedged Advantage ETF’s previous quarterly dividend of $0.03. This represents a $0.14 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, March 23rd.

About Invesco QQQ Hedged Advantage ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.