Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Sees Significant Growth in Short Interest

Invesco QQQ Low Volatility ETF (NASDAQ:QQLVGet Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 74 shares, a growth of 72.1% from the July 30th total of 43 shares. Based on an average daily trading volume, of 377 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC purchased a new position in Invesco QQQ Low Volatility ETF (NASDAQ:QQLVFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned 1.82% of Invesco QQQ Low Volatility ETF as of its most recent filing with the Securities and Exchange Commission.

Invesco QQQ Low Volatility ETF Trading Down 0.6%

Shares of QQLV stock opened at $25.27 on Wednesday. The stock has a market cap of $2.27 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The stock has a 50-day moving average of $25.25 and a 200-day moving average of $24.74. Invesco QQQ Low Volatility ETF has a 1-year low of $23.63 and a 1-year high of $26.28.

Invesco QQQ Low Volatility ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a $0.0403 dividend. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 1.9%.

Invesco QQQ Low Volatility ETF Company Profile

(Get Free Report)

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.

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