Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Up 264.9% in February

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 13,500 shares, an increase of 264.9% from the January 31st total of 3,700 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 2.3 days.

Hedge Funds Weigh In On Invesco Nasdaq Free Cash Flow Achievers ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new position in shares of Invesco Nasdaq Free Cash Flow Achievers ETF in the 4th quarter worth about $581,000. Wealth Enhancement Advisory Services LLC grew its holdings in Invesco Nasdaq Free Cash Flow Achievers ETF by 25.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 100,564 shares of the company’s stock worth $3,239,000 after purchasing an additional 20,237 shares during the period. Finally, Onyx Bridge Wealth Group LLC grew its holdings in Invesco Nasdaq Free Cash Flow Achievers ETF by 30.9% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 118,994 shares of the company’s stock worth $3,986,000 after purchasing an additional 28,123 shares during the period.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Performance

QOWZ stock opened at $32.86 on Friday. Invesco Nasdaq Free Cash Flow Achievers ETF has a fifty-two week low of $26.69 and a fifty-two week high of $35.47. The company has a market capitalization of $13.14 million, a price-to-earnings ratio of 31.80 and a beta of 1.34. The business’s 50 day moving average price is $34.21 and its two-hundred day moving average price is $33.26.

Invesco Nasdaq Free Cash Flow Achievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0941 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

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.