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) was the recipient of a significant increase in short interest in 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.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Up 0.8 %

QOWZ opened at $34.52 on Monday. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52-week low of $23.79 and a 52-week high of $35.06. The company has a market cap of $10.36 million, a P/E ratio of 31.80 and a beta of 1.34. The firm’s 50-day moving average price is $33.23 and its 200-day moving average price is $31.28.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

A hedge fund recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Onyx Bridge Wealth Group LLC purchased a new position in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 45,895 shares of the company’s stock, valued at approximately $1,391,000. Onyx Bridge Wealth Group LLC owned 22.95% of Invesco Nasdaq Free Cash Flow Achievers ETF at the end of the most recent quarter.

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.