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

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 9,569 shares, an increase of 95.6% from the February 26th total of 4,893 shares. Based on an average daily volume of 6,376 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.7% of the shares of the company are short sold.

Invesco Nasdaq Future Gen 200 ETF Price Performance

NASDAQ QQQS traded down $1.03 during trading hours on Friday, reaching $32.82. The stock had a trading volume of 5,074 shares, compared to its average volume of 6,315. Invesco Nasdaq Future Gen 200 ETF has a 52-week low of $19.55 and a 52-week high of $37.53. The stock has a fifty day moving average of $35.27 and a 200 day moving average of $34.53.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.0611 dividend. The ex-dividend date was Monday, March 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.7%.

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