Invesco Top QQQ ETF (NASDAQ:QBIG) Stock Short Interest Falls 95.3%

Invesco Top QQQ ETF (NASDAQ:QBIG) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 17 shares, a decrease of 95.3% from the August 31st total of 360 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,459 shares, the days-to-cover ratio is currently 0.0 days.

Invesco Top QQQ ETF Trading Down 0.1%

NASDAQ QBIG traded down $0.05 during trading hours on Thursday, reaching $41.86. The company’s stock had a trading volume of 4,950 shares, compared to its average volume of 6,626. The business has a 50-day simple moving average of $40.94 and a 200 day simple moving average of $39.57. Invesco Top QQQ ETF has a 52 week low of $32.67 and a 52 week high of $43.36. The stock has a market cap of $33.49 million, a PE ratio of 36.25 and a beta of 1.72.

Institutional Trading of Invesco Top QQQ ETF

A hedge fund recently bought a new stake in Invesco Top QQQ ETF stock. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in Invesco Top QQQ ETF (NASDAQ:QBIG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 22,275 shares of the company’s stock, valued at approximately $868,000. Invesco Top QQQ ETF accounts for approximately 0.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s holdings, making the stock its 21st largest position. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co owned 2.62% of Invesco Top QQQ ETF as of its most recent SEC filing.

About Invesco Top QQQ ETF

The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.