Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Update

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 127 shares, a drop of 83.2% from the June 15th total of 756 shares. Based on an average daily trading volume, of 2,037 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

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

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Up 0.3%

Shares of QOWZ traded up $0.10 during trading hours on Monday, hitting $34.81. The company had a trading volume of 1,662 shares, compared to its average volume of 2,378. The firm has a market cap of $11.84 million, a P/E ratio of 36.92 and a beta of 1.00. The stock’s 50 day moving average price is $33.94 and its 200 day moving average price is $33.92. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52-week low of $30.58 and a 52-week high of $37.26.

Invesco Nasdaq Free Cash Flow Achievers ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.0311 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.12 annualized dividend and a yield of 0.4%.

About Invesco Nasdaq Free Cash Flow Achievers ETF

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.