Short Interest in Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHG) Decreases By 92.0%

Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGGet Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 80 shares, a drop of 92.0% from the July 30th total of 1,005 shares. Based on an average trading volume of 798 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Invesco QQQ Hedged Advantage ETF Price Performance

QQHG remained flat at $65.68 on Tuesday. The company’s stock had a trading volume of 125 shares, compared to its average volume of 646. Invesco QQQ Hedged Advantage ETF has a fifty-two week low of $56.11 and a fifty-two week high of $67.14. The firm’s fifty day moving average price is $65.74 and its 200-day moving average price is $63.33. The stock has a market cap of $13.14 million, a P/E ratio of 32.70 and a beta of 0.83.

Invesco QQQ Hedged Advantage ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0353 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, June 22nd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco QQQ Hedged Advantage ETF stock. Bank of America Corp DE acquired a new stake in Invesco QQQ Hedged Advantage ETF (NASDAQ:QQHGFree Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 25,000 shares of the company’s stock, valued at approximately $1,462,000. Bank of America Corp DE owned about 12.50% of Invesco QQQ Hedged Advantage ETF at the end of the most recent reporting period.

About Invesco QQQ Hedged Advantage ETF

(Get Free Report)

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco QQQ Hedged Advantage ETF is an is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.

Further Reading

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