Short Interest in Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Expands By 72.1%

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 74 shares, an increase of 72.1% from the July 30th total of 43 shares. Based on an average trading volume of 377 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco QQQ Low Volatility ETF

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE bought a new stake in Invesco QQQ Low Volatility ETF during the 2nd quarter valued at $645,000. Alaska Wealth Advisors LLC bought a new position in shares of Invesco QQQ Low Volatility ETF in the 2nd quarter worth $282,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Invesco QQQ Low Volatility ETF during the 2nd quarter worth $71,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Invesco QQQ Low Volatility ETF during the 4th quarter worth $70,000.

Invesco QQQ Low Volatility ETF Price Performance

NASDAQ QQLV traded down $0.12 during trading on Monday, reaching $25.42. 3,065 shares of the company’s stock traded hands, compared to its average volume of 1,544. The firm has a market cap of $2.29 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The company’s 50 day simple moving average is $25.21 and its two-hundred day simple moving average is $24.73. Invesco QQQ Low Volatility ETF has a 12-month low of $23.63 and a 12-month high of $26.28.

Invesco QQQ Low Volatility ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a dividend of $0.0403 per share. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%.

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.