Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Short Interest Up 72.1% in August

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 74 shares, an increase of 72.1% from the July 30th total of 43 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 377 shares, the days-to-cover ratio is currently 0.2 days.

Invesco QQQ Low Volatility ETF Stock Down 0.5%

Shares of Invesco QQQ Low Volatility ETF stock traded down $0.12 on Monday, reaching $25.42. The stock had a trading volume of 3,065 shares, compared to its average volume of 1,544. The company has a 50 day moving average price of $25.21 and a 200 day moving average price of $24.73. Invesco QQQ Low Volatility ETF has a 1 year low of $23.63 and a 1 year high of $26.28. The stock has a market capitalization of $2.29 million, a P/E ratio of 22.72 and a beta of 0.17.

Invesco QQQ Low Volatility ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.0403 dividend. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, August 24th.

Hedge Funds Weigh In On Invesco QQQ Low Volatility ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in shares of Invesco QQQ Low Volatility ETF in the 2nd quarter worth $645,000. Alaska Wealth Advisors LLC acquired a new position in Invesco QQQ Low Volatility ETF during the 2nd quarter valued at about $282,000. Northwestern Mutual Wealth Management Co. acquired a new position in Invesco QQQ Low Volatility ETF during the 2nd quarter valued at about $71,000. Finally, Kestra Advisory Services LLC purchased a new stake in Invesco QQQ Low Volatility ETF in the fourth quarter valued at about $70,000.

Invesco QQQ Low Volatility ETF Company Profile

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.