Short Interest in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Declines By 33.3%

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 400 shares, a decrease of 33.3% from the December 31st total of 600 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Onyx Bridge Wealth Group LLC boosted its holdings in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) by 30.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,994 shares of the company’s stock after acquiring an additional 28,123 shares during the period. Onyx Bridge Wealth Group LLC owned 31.31% of Invesco Nasdaq Free Cash Flow Achievers ETF worth $3,986,000 at the end of the most recent reporting period.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Down 1.2 %

Shares of Invesco Nasdaq Free Cash Flow Achievers ETF stock opened at $34.24 on Friday. The company has a market cap of $13.70 million, a PE ratio of 31.80 and a beta of 1.34. The business has a 50 day moving average of $34.27 and a 200 day moving average of $32.69. Invesco Nasdaq Free Cash Flow Achievers ETF has a 52 week low of $26.41 and a 52 week high of $35.47.

Invesco Nasdaq Free Cash Flow Achievers ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0941 per share. The ex-dividend date was Monday, December 23rd.

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.