Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Down 94.2% in November

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 600 shares, a decrease of 94.2% from the November 15th total of 10,400 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

An institutional investor recently raised its position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) by 25.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,564 shares of the company’s stock after purchasing an additional 20,237 shares during the period. Wealth Enhancement Advisory Services LLC owned about 38.68% of Invesco Nasdaq Free Cash Flow Achievers ETF worth $3,239,000 as of its most recent SEC filing.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Up 1.0 %

Shares of Invesco Nasdaq Free Cash Flow Achievers ETF stock traded up $0.34 during trading hours on Wednesday, hitting $34.85. 15,769 shares of the company’s stock traded hands, compared to its average volume of 2,848. Invesco Nasdaq Free Cash Flow Achievers ETF has a twelve month low of $24.50 and a twelve month high of $35.22. The stock has a 50 day simple moving average of $33.61 and a 200-day simple moving average of $31.59. The company has a market cap of $10.46 million, a PE ratio of 31.80 and a beta of 1.34.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

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