Short Interest in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Drops By 36.1%

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 9,200 shares, a drop of 36.1% from the March 15th total of 14,400 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately 3.0% of the company’s stock are sold short.

Invesco Nasdaq Future Gen 200 ETF Stock Performance

QQQS opened at $21.17 on Friday. The firm’s 50-day moving average price is $24.63 and its 200-day moving average price is $27.19. Invesco Nasdaq Future Gen 200 ETF has a 52-week low of $19.55 and a 52-week high of $30.71.

Invesco Nasdaq Future Gen 200 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0615 dividend. This is an increase 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 Trading of Invesco Nasdaq Future Gen 200 ETF

A hedge fund recently raised its stake in Invesco Nasdaq Future Gen 200 ETF stock. Avantax Advisory Services Inc. boosted its position in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) by 21.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,424 shares of the company’s stock after buying an additional 5,663 shares during the period. Avantax Advisory Services Inc. owned approximately 10.46% of Invesco Nasdaq Future Gen 200 ETF worth $932,000 as of its most recent filing with the Securities & Exchange Commission.

Invesco Nasdaq Future Gen 200 ETF Company Profile

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.