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

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 400 shares, a decrease of 33.3% from the December 31st total of 600 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is currently 0.1 days.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Performance

Shares of QOWZ opened at $34.24 on Friday. The stock has a market capitalization of $13.70 million, a price-to-earnings ratio of 31.80 and a beta of 1.34. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52-week low of $26.41 and a 52-week high of $35.47. The stock’s 50-day simple moving average is $34.27 and its 200 day simple moving average is $32.69.

Invesco Nasdaq Free Cash Flow Achievers ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0941 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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

A hedge fund recently raised its stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Onyx Bridge Wealth Group LLC lifted its position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) by 30.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 118,994 shares of the company’s stock after buying an additional 28,123 shares during the period. Onyx Bridge Wealth Group LLC owned about 31.31% of Invesco Nasdaq Free Cash Flow Achievers ETF worth $3,986,000 as of its most recent SEC filing.

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.