Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) Sees Significant Increase in Short Interest

Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a growth of 25.0% from the February 28th total of 400 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Invesco ESG NASDAQ Next Gen 100 ETF

An institutional investor recently raised its position in Invesco ESG NASDAQ Next Gen 100 ETF stock. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) by 10.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,120 shares of the company’s stock after acquiring an additional 4,465 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 19.25% of Invesco ESG NASDAQ Next Gen 100 ETF worth $1,140,000 as of its most recent filing with the Securities and Exchange Commission.

Invesco ESG NASDAQ Next Gen 100 ETF Trading Down 0.4 %

QQJG traded down $0.08 during mid-day trading on Tuesday, hitting $22.03. 1,536 shares of the stock were exchanged, compared to its average volume of 780. The firm’s fifty day moving average is $23.78 and its two-hundred day moving average is $23.81. Invesco ESG NASDAQ Next Gen 100 ETF has a 1-year low of $20.69 and a 1-year high of $25.22. The company has a market cap of $5.51 million, a PE ratio of 21.66 and a beta of 1.06.

Invesco ESG NASDAQ Next Gen 100 ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.0237 dividend. The ex-dividend date was Monday, March 24th.

About Invesco ESG NASDAQ Next Gen 100 ETF

The Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is an exchange-traded fund that is based on the Nasdaq Next Generation 100 ESG index. The fund tracks an index of NASDAQ Next Gen 100 stocks screened and weighted based on various environmental, social, and governance factors. QQJG was launched on Oct 27, 2021 and is managed by Invesco.