Short Interest in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Expands By 656.5%

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZGet Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 469 shares, a growth of 656.5% from the April 30th total of 62 shares. Based on an average trading volume of 2,029 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

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

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

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Up 1.8%

Invesco Nasdaq Free Cash Flow Achievers ETF stock opened at $34.82 on Friday. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52-week low of $30.58 and a 52-week high of $37.26. The firm has a fifty day moving average of $32.95 and a 200-day moving average of $34.27. The firm has a market capitalization of $13.93 million, a P/E ratio of 36.92 and a beta of 0.98.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

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

About Invesco Nasdaq Free Cash Flow Achievers ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco Nasdaq Free Cash Flow Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Nasdaq Free Cash Flow Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.