Invesco Nasdaq International Innovators 100 ETF (NASDAQ:QQI) Stock Short Interest Drops 90.1%

Invesco Nasdaq International Innovators 100 ETF (NASDAQ:QQI) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,072 shares, a decline of 90.1% from the October 15th total of 10,797 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 13,516 shares, the short-interest ratio is currently 0.1 days.

Invesco Nasdaq International Innovators 100 ETF Stock Performance

Shares of QQI traded down $0.21 during trading hours on Thursday, hitting $24.48. 5,700 shares of the stock were exchanged, compared to its average volume of 13,525. Invesco Nasdaq International Innovators 100 ETF has a 12-month low of $23.66 and a 12-month high of $27.66. The stock has a market capitalization of $3.92 million and a price-to-earnings ratio of 19.39.

About Invesco Nasdaq International Innovators 100 ETF

Invesco Nasdaq International Innovators 100 ETF (NASDAQ:QQI) is an exchange-traded fund managed by Invesco. The fund is designed to provide investors with diversified exposure to international companies identified by Nasdaq as innovators, rather than investing in a single company or industry. QQI seeks to track the Nasdaq International Innovators 100 Index, which is composed of companies headquartered outside the United States. The index emphasizes businesses that demonstrate characteristics associated with innovation, such as research and development activity, patent generation and other measures of technological or commercial advancement.