Short Interest in Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Increases By 74.5%

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 52,837 shares, a growth of 74.5% from the December 31st total of 30,280 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 31,830 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 31,830 shares, the short-interest ratio is currently 1.7 days. Approximately 1.3% of the company’s shares are sold short.

Invesco ESG NASDAQ 100 ETF Price Performance

QQMG stock traded down $0.64 during midday trading on Friday, reaching $42.78. 18,040 shares of the stock were exchanged, compared to its average volume of 35,462. Invesco ESG NASDAQ 100 ETF has a 52 week low of $27.34 and a 52 week high of $44.04. The stock has a market capitalization of $175.40 million, a PE ratio of 34.79 and a beta of 1.19. The company has a fifty day moving average price of $42.70 and a 200 day moving average price of $41.34.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.0447 dividend. This is an increase from Invesco ESG NASDAQ 100 ETF’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, December 22nd.

Institutional Investors Weigh In On Invesco ESG NASDAQ 100 ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in Invesco ESG NASDAQ 100 ETF by 2.0% in the second quarter. Bank of America Corp DE now owns 18,500 shares of the company’s stock valued at $700,000 after acquiring an additional 360 shares during the last quarter. Fingerlakes Wealth Management Inc. lifted its stake in shares of Invesco ESG NASDAQ 100 ETF by 1.5% during the third quarter. Fingerlakes Wealth Management Inc. now owns 69,208 shares of the company’s stock valued at $2,861,000 after acquiring an additional 1,053 shares during the period. CWM LLC bought a new stake in shares of Invesco ESG NASDAQ 100 ETF in the third quarter valued at about $48,000. Journey Strategic Wealth LLC boosted its holdings in shares of Invesco ESG NASDAQ 100 ETF by 1.9% during the second quarter. Journey Strategic Wealth LLC now owns 62,662 shares of the company’s stock worth $2,371,000 after acquiring an additional 1,194 shares during the period. Finally, Cassaday & Co Wealth Management LLC boosted its holdings in shares of Invesco ESG NASDAQ 100 ETF by 8.4% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 19,267 shares of the company’s stock valued at $729,000 after acquiring an additional 1,491 shares in the last quarter.

About Invesco ESG NASDAQ 100 ETF

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