Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Update

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 10,400 shares, an increase of 22.4% from the October 31st total of 8,500 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 5.2 days.

Invesco Nasdaq Free Cash Flow Achievers ETF Price Performance

Shares of NASDAQ QOWZ traded up $0.26 during trading hours on Monday, hitting $34.52. 100 shares of the stock were exchanged, compared to its average volume of 2,825. Invesco Nasdaq Free Cash Flow Achievers ETF has a one year low of $23.79 and a one year high of $35.06. The company’s 50 day moving average is $33.23 and its 200 day moving average is $31.30. The firm has a market capitalization of $10.36 million, a P/E ratio of 31.80 and a beta of 1.34.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.065 dividend. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.03. This represents a $0.26 dividend on an annualized basis and a yield of 0.75%.

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

An institutional investor recently bought a new position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 80,327 shares of the company’s stock, valued at approximately $2,435,000. Wealth Enhancement Advisory Services LLC owned about 40.16% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent SEC filing.

About Invesco Nasdaq Free Cash Flow Achievers ETF

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.