Short Interest in Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Declines By 94.6%

Invesco QQQ Low Volatility ETF (NASDAQ:QQLVGet Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 102 shares, a drop of 94.6% from the May 31st total of 1,904 shares. Based on an average daily trading volume, of 3,783 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Invesco QQQ Low Volatility ETF

An institutional investor recently bought a new stake in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC purchased a new stake in Invesco QQQ Low Volatility ETF (NASDAQ:QQLVFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned approximately 1.82% of Invesco QQQ Low Volatility ETF as of its most recent SEC filing.

Invesco QQQ Low Volatility ETF Trading Up 1.2%

Shares of NASDAQ:QQLV traded up $0.29 during trading on Friday, hitting $24.64. 854 shares of the stock were exchanged, compared to its average volume of 1,795. The company has a fifty day moving average price of $24.45 and a two-hundred day moving average price of $24.42. The company has a market cap of $2.22 million, a PE ratio of 22.72 and a beta of 0.20. Invesco QQQ Low Volatility ETF has a 12-month low of $23.63 and a 12-month high of $25.74.

Invesco QQQ Low Volatility ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.048 per share. This is a boost from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco QQQ Low Volatility ETF

(Get Free Report)

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.

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