Invesco China Technology ETF (NYSEARCA:CQQQ) Stock Short Interest Report for October

Invesco China Technology ETF (NYSEARCA:CQQQ) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 418,580 shares, a decline of 54.7% from the September 30th total of 923,350 shares. Based on an average trading volume of 1,535,494 shares, the short-interest ratio is presently 0.3 days. Approximately 0.8% of the shares of the company are short sold.

Institutional Trading of Invesco China Technology ETF

A number of hedge funds have recently bought and sold shares of CQQQ. BlueCrest Capital Management Ltd acquired a new stake in shares of Invesco China Technology ETF in the second quarter worth $5,423,000. Bank of America Corp DE lifted its position in Invesco China Technology ETF by 171.1% in the first quarter. Bank of America Corp DE now owns 207,995 shares of the company’s stock worth $9,572,000 after purchasing an additional 131,260 shares during the period. Evelyn Partners Investment Management Services Ltd bought a new stake in Invesco China Technology ETF in the first quarter valued at about $1,091,000. Bank Pictet & Cie Europe AG acquired a new position in shares of Invesco China Technology ETF in the 3rd quarter worth approximately $2,613,000. Finally, Evelyn Partners Asset Management Ltd acquired a new position in Invesco China Technology ETF during the first quarter worth $4,866,000.

Invesco China Technology ETF Trading Down 2.5%

CQQQ stock traded down $0.96 during trading on Friday, hitting $37.78. The company had a trading volume of 1,318,277 shares, compared to its average volume of 1,195,214. The business has a 50 day moving average of $44.88 and a 200 day moving average of $50.17. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 20.61 and a beta of 0.62. Invesco China Technology ETF has a fifty-two week low of $37.58 and a fifty-two week high of $58.92.

Invesco China Technology ETF Company Profile

Guggenheim China Technology ETF (the Fund), formerly Claymore China Technology ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the AlphaShares China Technology Index (the Index). The Fund will invest at least 80% of its total assets in common stock, American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index and depositary receipts or shares representing common stocks included in the Index (or underlying securities representing ADRs, ADSs, GDRs and IDRs included in the Index).