Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Shares Shorted: Short Interest Up 570.7% in October

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 550 shares, an increase of 570.7% from the September 30th total of 82 shares. Based on an average daily trading volume, of 1,078 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

Invesco QQQ Low Volatility ETF Price Performance

Invesco QQQ Low Volatility ETF stock traded down $0.12 during midday trading on Wednesday, reaching $25.79. The company’s stock had a trading volume of 583 shares, compared to its average volume of 1,738. The stock’s 50-day simple moving average is $25.02 and its 200-day simple moving average is $24.74. Invesco QQQ Low Volatility ETF has a 52-week low of $23.63 and a 52-week high of $26.28. The stock has a market capitalization of $2.84 million, a P/E ratio of 22.72 and a beta of 0.20.

About Invesco QQQ Low Volatility ETF

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.