Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Sees Large Decline in Short Interest

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 9,200 shares, a decline of 36.1% from the March 15th total of 14,400 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.0% of the shares of the company are short sold.

Invesco Nasdaq Future Gen 200 ETF Stock Up 0.5 %

Invesco Nasdaq Future Gen 200 ETF stock traded up $0.11 during trading hours on Thursday, reaching $21.06. 1,878 shares of the stock were exchanged, compared to its average volume of 4,041. Invesco Nasdaq Future Gen 200 ETF has a 52-week low of $19.55 and a 52-week high of $30.71. The firm’s 50 day moving average is $24.92 and its 200 day moving average is $27.27.

Invesco Nasdaq Future Gen 200 ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.0615 per share. This is a boost from Invesco Nasdaq Future Gen 200 ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco Nasdaq Future Gen 200 ETF

An institutional investor recently raised its position in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. grew its holdings in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) by 21.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,424 shares of the company’s stock after buying an additional 5,663 shares during the quarter. Avantax Advisory Services Inc. owned about 10.46% of Invesco Nasdaq Future Gen 200 ETF worth $932,000 at the end of the most recent quarter.

About Invesco Nasdaq Future Gen 200 ETF

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ.