Short Interest in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Expands By ?

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 59 shares, an increase of ? from the August 15th total of 0 shares. Based on an average daily volume of 319 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Concurrent Investment Advisors LLC acquired a new position in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,068 shares of the company’s stock, valued at approximately $206,000. Concurrent Investment Advisors LLC owned about 1.78% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent SEC filing.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Up 0.8%

Shares of NASDAQ:QOWZ opened at $36.39 on Tuesday. The firm has a fifty day simple moving average of $36.14 and a two-hundred day simple moving average of $34.31. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52 week low of $30.58 and a 52 week high of $38.28. The stock has a market capitalization of $12.37 million, a P/E ratio of 36.92 and a beta of 0.99.

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.