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

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 4,613 shares, a decline of 51.8% from the March 15th total of 9,569 shares. Based on an average daily volume of 4,925 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.2% of the shares of the stock are sold short.

Invesco Nasdaq Future Gen 200 ETF Stock Up 2.0%

Shares of QQQS traded up $0.70 during trading hours on Monday, hitting $36.47. 5,237 shares of the stock were exchanged, compared to its average volume of 6,245. Invesco Nasdaq Future Gen 200 ETF has a 12-month low of $20.68 and a 12-month high of $37.53. The stock’s 50-day moving average price is $34.95 and its two-hundred day moving average price is $34.74.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.0611 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.24 annualized dividend and a dividend yield of 0.7%.

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.