Invesco Top QQQ ETF (NASDAQ:QBIG) Short Interest Update

Invesco Top QQQ ETF (NASDAQ:QBIG) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 7,900 shares, a drop of 20.3% from the March 31st total of 9,916 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 3,440 shares, the short-interest ratio is presently 2.3 days.

Invesco Top QQQ ETF Stock Up 1.2%

Shares of QBIG stock traded up $0.49 on Friday, hitting $40.34. The company had a trading volume of 1,870 shares, compared to its average volume of 7,903. Invesco Top QQQ ETF has a twelve month low of $27.00 and a twelve month high of $40.70. The firm has a market cap of $40.34 million, a P/E ratio of 36.25 and a beta of 1.72. The company has a 50-day moving average price of $36.30 and a 200-day moving average price of $37.64.

Institutional Investors Weigh In On Invesco Top QQQ ETF

Hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its holdings in shares of Invesco Top QQQ ETF by 2.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 17,561 shares of the company’s stock valued at $676,000 after purchasing an additional 404 shares in the last quarter. Jane Street Group LLC boosted its holdings in Invesco Top QQQ ETF by 10.0% during the second quarter. Jane Street Group LLC now owns 21,705 shares of the company’s stock worth $709,000 after buying an additional 1,975 shares in the last quarter. Bank of America Corp DE boosted its holdings in Invesco Top QQQ ETF by 3,833.0% during the second quarter. Bank of America Corp DE now owns 3,933 shares of the company’s stock worth $129,000 after buying an additional 3,833 shares in the last quarter. ATX Financial Planning LLC grew its position in Invesco Top QQQ ETF by 17.6% during the first quarter. ATX Financial Planning LLC now owns 41,084 shares of the company’s stock valued at $1,400,000 after buying an additional 6,158 shares during the period. Finally, Financial & Tax Architects LLC acquired a new stake in Invesco Top QQQ ETF during the fourth quarter valued at $275,000.

About Invesco Top QQQ ETF

The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.