Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Up 22.4% in November

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) saw a significant increase in short interest in 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 trading volume of 2,000 shares, the days-to-cover ratio is presently 5.2 days.

Institutional Trading of Invesco Nasdaq Free Cash Flow Achievers ETF

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

Invesco Nasdaq Free Cash Flow Achievers ETF Price Performance

NASDAQ:QOWZ opened at $34.52 on Monday. Invesco Nasdaq Free Cash Flow Achievers ETF has a 1-year low of $23.79 and a 1-year high of $35.06. The company has a 50-day moving average of $33.23 and a 200 day moving average of $31.28. The firm has a market cap of $10.36 million, a PE ratio of 31.80 and a beta of 1.34.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.065 dividend. The ex-dividend date was Monday, September 23rd. 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 dividend on an annualized basis and a yield of 0.75%.

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.