Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Shares Shorted: Short Interest Down 56.3% in October

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 69 shares, a decrease of 56.3% from the September 30th total of 158 shares. Based on an average daily volume of 1,659 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Down 1.7%

Invesco Nasdaq Free Cash Flow Achievers ETF stock traded down $0.64 during trading hours on Friday, hitting $36.84. The stock had a trading volume of 341 shares, compared to its average volume of 2,135. The stock has a market cap of $10.31 million, a price-to-earnings ratio of 36.92 and a beta of 1.02. Invesco Nasdaq Free Cash Flow Achievers ETF has a one year low of $30.58 and a one year high of $38.28. The business’s 50 day simple moving average is $37.03 and its 200-day simple moving average is $34.81.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Concurrent Investment Advisors LLC acquired a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,068 shares of the company’s stock, valued at approximately $206,000. Concurrent Investment Advisors LLC owned about 1.78% of Invesco Nasdaq Free Cash Flow Achievers ETF at the end of the most recent reporting period.

About Invesco Nasdaq Free Cash Flow Achievers ETF

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an exchange-traded fund that is based on the Nasdaq US Free Cash Flow Achievers index. The fund is passively managed, tracking an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth. QOWZ was launched on Dec 6, 2023 and is issued by Invesco.