Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Sees Large Decline in Short Interest

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 4,508 shares, a drop of 40.8% from the April 15th total of 7,609 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 6,422 shares, the days-to-cover ratio is presently 0.7 days.

Invesco Nasdaq Future Gen 200 ETF Trading Down 1.5%

Shares of NASDAQ:QQQS traded down $0.62 during midday trading on Monday, hitting $40.21. The company’s stock had a trading volume of 10,162 shares, compared to its average volume of 6,322. The stock’s 50 day simple moving average is $36.90 and its 200 day simple moving average is $35.62. Invesco Nasdaq Future Gen 200 ETF has a fifty-two week low of $23.52 and a fifty-two week high of $42.99.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.0611 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd.

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.