Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Short Interest Up 174.2% in May

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 12,363 shares, a growth of 174.2% from the April 30th total of 4,508 shares. Based on an average daily trading volume, of 6,628 shares, the days-to-cover ratio is presently 1.9 days. Currently, 3.1% of the shares of the stock are sold short.

Invesco Nasdaq Future Gen 200 ETF Stock Performance

Shares of Invesco Nasdaq Future Gen 200 ETF stock traded down $0.46 during trading on Friday, reaching $43.99. The company’s stock had a trading volume of 34,720 shares, compared to its average volume of 6,841. The stock has a 50-day moving average price of $38.46 and a two-hundred day moving average price of $36.18. Invesco Nasdaq Future Gen 200 ETF has a one year low of $23.96 and a one year high of $44.55.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.0611 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd.

About Invesco Nasdaq Future Gen 200 ETF

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ. QQQS was launched on Oct 13, 2022 and is managed by Invesco.