Invesco Top QQQ ETF (NASDAQ:QBIG) Short Interest Update

Invesco Top QQQ ETF (NASDAQ:QBIG) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 620 shares, a growth of 3,547.1% from the September 15th total of 17 shares. Based on an average trading volume of 3,480 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Invesco Top QQQ ETF Price Performance

Shares of NASDAQ QBIG traded up $0.33 during trading on Friday, reaching $43.11. 2,248 shares of the stock traded hands, compared to its average volume of 6,336. The company has a 50-day moving average of $41.62 and a 200-day moving average of $40.06. Invesco Top QQQ ETF has a 52-week low of $32.67 and a 52-week high of $43.41. The stock has a market capitalization of $34.49 million, a P/E ratio of 36.25 and a beta of 1.70.

Institutional Investors Weigh In On Invesco Top QQQ ETF

A number of institutional investors have recently made changes to their positions in the company. ATX Financial Planning LLC grew its position in Invesco Top QQQ ETF by 17.6% in the 1st quarter. ATX Financial Planning LLC now owns 41,084 shares of the company’s stock worth $1,400,000 after purchasing an additional 6,158 shares during the period. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in Invesco Top QQQ ETF during the second quarter valued at approximately $868,000. Finally, Polaris Financial Partners purchased a new position in shares of Invesco Top QQQ ETF during the 3rd quarter worth $406,000.

About Invesco Top QQQ ETF

The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.