Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Up 264.9% in February

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 13,500 shares, an increase of 264.9% from the January 31st total of 3,700 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of Invesco Nasdaq Free Cash Flow Achievers ETF

Institutional investors have recently modified their holdings of the business. Concurrent Investment Advisors LLC purchased a new stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF in the fourth quarter valued at approximately $581,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF by 25.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 100,564 shares of the company’s stock valued at $3,239,000 after buying an additional 20,237 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF by 30.9% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 118,994 shares of the company’s stock valued at $3,986,000 after buying an additional 28,123 shares in the last quarter.

Invesco Nasdaq Free Cash Flow Achievers ETF Price Performance

Invesco Nasdaq Free Cash Flow Achievers ETF stock opened at $33.35 on Friday. Invesco Nasdaq Free Cash Flow Achievers ETF has a 1-year low of $26.69 and a 1-year high of $35.47. The company has a market cap of $13.34 million, a PE ratio of 31.80 and a beta of 1.34. The stock’s 50 day moving average price is $34.20 and its 200 day moving average price is $33.30.

Invesco Nasdaq Free Cash Flow Achievers ETF Announces Dividend

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