Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Sees Significant Increase in Short Interest

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 37,166 shares, a growth of 75.7% from the November 30th total of 21,150 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average trading volume of 19,861 shares, the short-interest ratio is currently 1.9 days. Based on an average trading volume of 19,861 shares, the short-interest ratio is currently 1.9 days. Currently, 1.4% of the shares of the company are sold short.

Institutional Trading of Invesco ESG NASDAQ 100 ETF

Large investors have recently added to or reduced their stakes in the company. Truist Financial Corp purchased a new position in Invesco ESG NASDAQ 100 ETF during the 2nd quarter valued at about $2,562,000. Envestnet Asset Management Inc. bought a new position in shares of Invesco ESG NASDAQ 100 ETF in the 2nd quarter valued at approximately $2,549,000. Citadel Advisors LLC bought a new stake in Invesco ESG NASDAQ 100 ETF during the third quarter worth approximately $1,590,000. Osaic Holdings Inc. grew its holdings in Invesco ESG NASDAQ 100 ETF by 64.4% during the second quarter. Osaic Holdings Inc. now owns 74,924 shares of the company’s stock valued at $2,834,000 after purchasing an additional 29,358 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC bought a new position in shares of Invesco ESG NASDAQ 100 ETF in the third quarter valued at approximately $1,120,000.

Invesco ESG NASDAQ 100 ETF Trading Down 0.7%

NASDAQ QQMG opened at $42.76 on Tuesday. The company has a 50-day moving average price of $42.51 and a two-hundred day moving average price of $40.41. The stock has a market cap of $111.18 million, a price-to-earnings ratio of 34.79 and a beta of 1.19. Invesco ESG NASDAQ 100 ETF has a 52 week low of $27.34 and a 52 week high of $44.04.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.0447 per share. This is a positive change from Invesco ESG NASDAQ 100 ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, December 22nd. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.4%.

Invesco ESG NASDAQ 100 ETF Company Profile

The Invesco ESG NASDAQ 100 ETF (QQMG) is an exchange-traded fund that is based on the NASDAQ-100 ESG index. The fund tracks an index of NASDAQ-100 stocks screened and weighted based on various environmental, social, and governance criteria. QQMG was launched on Oct 27, 2021 and is managed by Invesco.