Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Sees Significant Increase in Short Interest

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQSGet Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 12,900 shares, a growth of 20.6% from the February 13th total of 10,700 shares. Currently, 4.2% of the company’s stock are sold short. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is presently 2.7 days.

Hedge Funds Weigh In On Invesco Nasdaq Future Gen 200 ETF

A hedge fund recently raised its stake in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. raised its stake in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQSFree Report) by 21.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 32,424 shares of the company’s stock after purchasing an additional 5,663 shares during the period. Avantax Advisory Services Inc. owned 10.46% of Invesco Nasdaq Future Gen 200 ETF worth $932,000 as of its most recent SEC filing.

Invesco Nasdaq Future Gen 200 ETF Stock Performance

QQQS stock traded up $0.12 during trading on Wednesday, reaching $25.22. The stock had a trading volume of 465 shares, compared to its average volume of 3,894. Invesco Nasdaq Future Gen 200 ETF has a 1-year low of $23.72 and a 1-year high of $30.71. The firm has a fifty day moving average price of $27.88 and a 200 day moving average price of $27.91.

Invesco Nasdaq Future Gen 200 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0482 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco Nasdaq Future Gen 200 ETF

(Get Free Report)

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ.

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