Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Update

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 62 shares, a drop of 75.3% from the April 15th total of 251 shares. Based on an average daily volume of 3,818 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

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. Concurrent Investment Advisors LLC bought a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,672 shares of the company’s stock, valued at approximately $275,000. Concurrent Investment Advisors LLC owned approximately 1.92% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent SEC filing.

Invesco Nasdaq Free Cash Flow Achievers ETF Trading Down 1.0%

QOWZ traded down $0.32 on Wednesday, reaching $32.95. The stock had a trading volume of 831 shares, compared to its average volume of 2,414. Invesco Nasdaq Free Cash Flow Achievers ETF has a 12-month low of $30.58 and a 12-month high of $37.26. The business’s 50-day moving average price is $32.78 and its two-hundred day moving average price is $34.47. The company has a market cap of $13.18 million, a P/E ratio of 36.92 and a beta of 0.98.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.0226 per share. The ex-dividend date was Monday, March 23rd. This is a boost from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.02. This represents a $0.09 dividend on an annualized basis and a yield of 0.3%.

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. QOWZ was launched on Dec 6, 2023 and is issued by Invesco.