Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,574 shares, an increase of 219.1% from the September 30th total of 2,687 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,942 shares, the days-to-cover ratio is currently 1.1 days.
Invesco Nasdaq Future Gen 200 ETF Trading Up 2.1%
Shares of NASDAQ:QQQS opened at $41.01 on Thursday. Invesco Nasdaq Future Gen 200 ETF has a 52-week low of $31.17 and a 52-week high of $45.44. The company has a fifty day moving average of $42.53 and a 200-day moving average of $40.06.
Hedge Funds Weigh In On Invesco Nasdaq Future Gen 200 ETF
A hedge fund recently raised its position in Invesco Nasdaq Future Gen 200 ETF stock. Envestnet Asset Management Inc. increased its position in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS – Free Report) by 17.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,709 shares of the company’s stock after buying an additional 1,866 shares during the quarter. Envestnet Asset Management Inc. owned 2.40% of Invesco Nasdaq Future Gen 200 ETF worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
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.
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