Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Short Interest Update

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,086 shares, an increase of 341.5% from the April 15th total of 246 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 952 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of Invesco QQQ Hedged Advantage ETF

A hedge fund recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Jane Street Group LLC acquired a new position in shares of Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 47,898 shares of the company’s stock, valued at approximately $2,598,000. Jane Street Group LLC owned about 23.95% of Invesco QQQ Hedged Advantage ETF at the end of the most recent reporting period.

Invesco QQQ Hedged Advantage ETF Trading Down 0.5%

Shares of NASDAQ:QQHG traded down $0.30 during midday trading on Friday, hitting $64.83. The company had a trading volume of 604 shares, compared to its average volume of 382. Invesco QQQ Hedged Advantage ETF has a 12 month low of $51.49 and a 12 month high of $65.13. The firm has a fifty day simple moving average of $61.11 and a 200 day simple moving average of $60.57. The stock has a market cap of $12.97 million, a price-to-earnings ratio of 32.70 and a beta of 0.75.

Invesco QQQ Hedged Advantage ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.0358 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.2%. This is an increase from Invesco QQQ Hedged Advantage ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, March 23rd.

About Invesco QQQ Hedged Advantage ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.