Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Sees Significant Increase in Short Interest

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 10,804 shares, a growth of 9,633.3% from the January 15th total of 111 shares. Currently, 3.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,667 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 7,667 shares, the days-to-cover ratio is currently 1.4 days. Currently, 3.1% of the shares of the stock are short sold.

Invesco Nasdaq Future Gen 200 ETF Stock Performance

QQQS traded up $0.07 during midday trading on Tuesday, reaching $35.83. 2,430 shares of the company’s stock were exchanged, compared to its average volume of 7,397. The business’s 50-day moving average price is $35.31 and its 200 day moving average price is $33.25. Invesco Nasdaq Future Gen 200 ETF has a 1-year low of $19.55 and a 1-year high of $37.53.

Invesco Nasdaq Future Gen 200 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.6326 per share. This is a boost from Invesco Nasdaq Future Gen 200 ETF’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, December 22nd. This represents a $2.53 dividend on an annualized basis and a yield of 7.1%.

About Invesco Nasdaq Future Gen 200 ETF

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. QQQS was launched on Oct 13, 2022 and is managed by Invesco.