Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Short Interest Up 174.2% in May

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,363 shares, an increase of 174.2% from the April 30th total of 4,508 shares. Currently, 3.1% of the shares of the stock are sold short. Based on an average trading volume of 6,628 shares, the days-to-cover ratio is currently 1.9 days.

Invesco Nasdaq Future Gen 200 ETF Stock Performance

Shares of NASDAQ QQQS traded down $0.46 during mid-day trading on Friday, hitting $43.99. 34,720 shares of the stock were exchanged, compared to its average volume of 6,841. The stock’s fifty day simple moving average is $38.46 and its two-hundred day simple moving average is $36.18. Invesco Nasdaq Future Gen 200 ETF has a twelve month low of $23.96 and a twelve month high of $44.55.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

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

About Invesco Nasdaq Future Gen 200 ETF

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.