Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) Sees Significant Drop in Short Interest

Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 600 shares, a decline of 14.3% from the January 31st total of 700 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 1.0 days.

Invesco ESG NASDAQ Next Gen 100 ETF Stock Performance

Shares of QQJG traded down $0.24 during mid-day trading on Thursday, hitting $23.16. 206 shares of the company were exchanged, compared to its average volume of 853. The stock has a market cap of $5.79 million, a price-to-earnings ratio of 24.94 and a beta of 1.06. Invesco ESG NASDAQ Next Gen 100 ETF has a 1-year low of $20.69 and a 1-year high of $25.22. The company has a 50 day moving average of $24.29 and a 200-day moving average of $23.78.

Invesco ESG NASDAQ Next Gen 100 ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0314 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco ESG NASDAQ Next Gen 100 ETF

A hedge fund recently raised its stake in Invesco ESG NASDAQ Next Gen 100 ETF stock. Envestnet Portfolio Solutions Inc. raised its position in Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) by 10.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 48,120 shares of the company’s stock after purchasing an additional 4,465 shares during the period. Envestnet Portfolio Solutions Inc. owned 19.25% of Invesco ESG NASDAQ Next Gen 100 ETF worth $1,140,000 at the end of the most recent quarter.

Invesco ESG NASDAQ Next Gen 100 ETF Company Profile

The Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is an exchange-traded fund that is based on the Nasdaq Next Generation 100 ESG index. The fund tracks an index of NASDAQ Next Gen 100 stocks screened and weighted based on various environmental, social, and governance factors. QQJG was launched on Oct 27, 2021 and is managed by Invesco.