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

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

Institutional Inflows and Outflows

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

Invesco QQQ Low Volatility ETF Stock Performance

Shares of NASDAQ QQLV remained flat at $24.46 during midday trading on Thursday. 75 shares of the company were exchanged, compared to its average volume of 1,802. Invesco QQQ Low Volatility ETF has a twelve month low of $23.63 and a twelve month high of $25.74. The stock has a market capitalization of $2.20 million, a P/E ratio of 22.72 and a beta of 0.20. The stock has a 50 day moving average price of $24.44 and a 200 day moving average price of $24.42.

Invesco QQQ Low Volatility ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be given a $0.048 dividend. This represents a c) annualized dividend and a yield of 2.4%. This is a positive change from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.04. The ex-dividend date is Monday, June 22nd.

Invesco QQQ Low Volatility ETF Company Profile

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.