Short Interest in Invesco QQQ Income Advantage ETF (NASDAQ:QQA) Drops By 50.0%

Posted by Brian Himes on Jun 1st, 2026

Invesco QQQ Income Advantage ETF (NASDAQ:QQA – Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 38,361 shares, a decline of 50.0% from the April 30th total of 76,655 shares. Based on an average daily volume of 109,758 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

Invesco QQQ Income Advantage ETF Trading Up 0.5%

QQA stock traded up $0.27 during midday trading on Monday, hitting $58.07. 139,852 shares of the company’s stock were exchanged, compared to its average volume of 117,182. Invesco QQQ Income Advantage ETF has a 12-month low of $48.09 and a 12-month high of $58.10. The firm has a 50 day moving average price of $53.74 and a 200-day moving average price of $53.18. The stock has a market capitalization of $713.10 million, a price-to-earnings ratio of 31.47 and a beta of 0.90.

Invesco QQQ Income Advantage ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a $0.4861 dividend. This is a positive change from Invesco QQQ Income Advantage ETF’s previous monthly dividend of $0.46. The ex-dividend date was Monday, May 18th. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new position in Invesco QQQ Income Advantage ETF during the 3rd quarter worth $25,000. NewEdge Advisors LLC acquired a new position in Invesco QQQ Income Advantage ETF during the 4th quarter worth $29,000. Sunbelt Securities Inc. acquired a new position in Invesco QQQ Income Advantage ETF during the 4th quarter worth $54,000. Geneos Wealth Management Inc. acquired a new stake in shares of Invesco QQQ Income Advantage ETF in the fourth quarter valued at $81,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Invesco QQQ Income Advantage ETF by 235.4% in the second quarter. Osaic Holdings Inc. now owns 1,677 shares of the company’s stock valued at $84,000 after buying an additional 1,177 shares during the period.

Invesco QQQ Income Advantage ETF Company Profile

(Get Free Report)

The Invesco QQQ Income Advantage ETF (QQA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the NASDAQ-100 Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection QQA was launched on Jul 17, 2024 and is issued by Invesco.