Short Interest in Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Declines By 92.0%

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 80 shares, a drop of 92.0% from the July 30th total of 1,005 shares. Based on an average daily volume of 798 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Jane Street Group LLC acquired a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 47,898 shares of the company’s stock, valued at approximately $2,598,000. Jane Street Group LLC owned approximately 23.95% of Invesco QQQ Hedged Advantage ETF as of its most recent SEC filing.

Invesco QQQ Hedged Advantage ETF Price Performance

Shares of QQHG traded up $0.00 during mid-day trading on Wednesday, hitting $65.86. The company’s stock had a trading volume of 125 shares, compared to its average volume of 646. The firm has a 50-day moving average price of $65.74 and a 200 day moving average price of $63.33. Invesco QQQ Hedged Advantage ETF has a fifty-two week low of $56.11 and a fifty-two week high of $67.14. The stock has a market capitalization of $13.17 million, a price-to-earnings ratio of 32.70 and a beta of 0.83.

Invesco QQQ Hedged Advantage ETF Dividend Announcement

The firm 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 $0.0353 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 22nd.

Invesco QQQ Hedged Advantage ETF Company Profile

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.