Short Interest in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Drops By 83.2%

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 127 shares, a drop of 83.2% from the June 15th total of 756 shares. Based on an average daily volume of 2,037 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Invesco Nasdaq Free Cash Flow Achievers ETF Trading Up 0.3%

QOWZ traded up $0.10 during mid-day trading on Monday, hitting $34.81. 1,662 shares of the stock were exchanged, compared to its average volume of 2,378. The firm’s fifty day moving average is $33.94 and its two-hundred day moving average is $33.92. Invesco Nasdaq Free Cash Flow Achievers ETF has a 1-year low of $30.58 and a 1-year high of $37.26. The company has a market cap of $11.84 million, a PE ratio of 36.92 and a beta of 1.00.

Invesco Nasdaq Free Cash Flow Achievers ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0311 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 114,652 shares of the company’s stock after purchasing an additional 5,032 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 28.66% of Invesco Nasdaq Free Cash Flow Achievers ETF worth $4,155,000 as of its most recent filing with the SEC.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

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.