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 decrease in short interest in the month of October. As of October 31st, there was short interest totalling 8,500 shares, a decrease of 19.0% from the October 15th total of 10,500 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 3.5 days.

Invesco Nasdaq Free Cash Flow Achievers ETF Price Performance

Shares of Invesco Nasdaq Free Cash Flow Achievers ETF stock traded down $0.75 during trading on Friday, hitting $33.65. 649 shares of the stock were exchanged, compared to its average volume of 2,907. The firm’s 50-day moving average price is $32.64 and its 200 day moving average price is $30.85. The stock has a market cap of $10.10 million, a price-to-earnings ratio of 31.80 and a beta of 1.34. Invesco Nasdaq Free Cash Flow Achievers ETF has a 12-month low of $23.79 and a 12-month high of $35.06.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.03.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 80,327 shares of the company’s stock, valued at approximately $2,435,000. Wealth Enhancement Advisory Services LLC owned about 40.16% of Invesco Nasdaq Free Cash Flow Achievers ETF as of its most recent filing with the Securities & Exchange Commission.

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.