Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Down 18.8% in September

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 6,500 shares, a decline of 18.8% from the September 15th total of 8,000 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 2.5 days.

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. Onyx Bridge Wealth Group LLC purchased a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 45,895 shares of the company’s stock, valued at approximately $1,391,000. Onyx Bridge Wealth Group LLC owned about 22.95% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent filing with the Securities and Exchange Commission.

Invesco Nasdaq Free Cash Flow Achievers ETF Trading Up 0.6 %

QOWZ stock opened at $33.13 on Monday. Invesco Nasdaq Free Cash Flow Achievers ETF has a 1-year low of $23.79 and a 1-year high of $33.15. The business’s 50 day simple moving average is $31.29 and its 200 day simple moving average is $29.92. The firm has a market capitalization of $8.61 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 $0.065 dividend. This is an increase from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.03. This represents a $0.26 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Monday, September 23rd.

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.