Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Up 264.9% in February

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 13,500 shares, an increase of 264.9% from the January 31st total of 3,700 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 2.3 days.

Hedge Funds Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF by 25.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 100,564 shares of the company’s stock valued at $3,239,000 after purchasing an additional 20,237 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF by 30.9% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 118,994 shares of the company’s stock valued at $3,986,000 after purchasing an additional 28,123 shares during the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF in the 4th quarter valued at $581,000.

Invesco Nasdaq Free Cash Flow Achievers ETF Trading Up 1.5 %

Shares of QOWZ stock opened at $33.35 on Friday. The stock has a 50 day moving average of $34.20 and a 200 day moving average of $33.30. The stock has a market cap of $13.34 million, a P/E ratio of 31.80 and a beta of 1.34. Invesco Nasdaq Free Cash Flow Achievers ETF has a twelve month low of $26.69 and a twelve month high of $35.47.

Invesco Nasdaq Free Cash Flow Achievers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0941 per share. The ex-dividend date was Monday, December 23rd.

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.