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 large decline in short interest in the month of April. As of April 30th, there was short interest totaling 62 shares, a decline of 75.3% from the April 15th total of 251 shares. Based on an average trading volume of 3,818 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Performance

Shares of QOWZ stock traded down $0.32 during mid-day trading on Wednesday, reaching $32.95. 831 shares of the company’s stock traded hands, compared to its average volume of 2,414. Invesco Nasdaq Free Cash Flow Achievers ETF has a 12 month low of $30.58 and a 12 month high of $37.26. The firm has a 50 day moving average price of $32.78 and a two-hundred day moving average price of $34.47. The firm has a market capitalization of $13.18 million, a PE ratio of 36.92 and a beta of 0.98.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.0226 per share. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.02.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Concurrent Investment Advisors LLC bought a new stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,672 shares of the company’s stock, valued at approximately $275,000. Concurrent Investment Advisors LLC owned approximately 1.92% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent filing with the Securities and Exchange Commission.

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.