Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Short Interest Up 428.4% in June

Invesco QQQ Low Volatility ETF (NASDAQ:QQLVGet Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 539 shares, a growth of 428.4% from the June 15th total of 102 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 860 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Invesco QQQ Low Volatility ETF

An institutional investor recently bought a new position in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC purchased a new position in shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLVFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned about 1.82% of Invesco QQQ Low Volatility ETF as of its most recent filing with the Securities & Exchange Commission.

Invesco QQQ Low Volatility ETF Stock Performance

Shares of Invesco QQQ Low Volatility ETF stock traded down $0.00 on Monday, reaching $24.82. 133 shares of the company were exchanged, compared to its average volume of 1,719. The firm has a market cap of $2.23 million, a price-to-earnings ratio of 22.72 and a beta of 0.20. Invesco QQQ Low Volatility ETF has a 1-year low of $23.63 and a 1-year high of $25.74. The company’s 50-day moving average is $24.51 and its two-hundred day moving average is $24.46.

Invesco QQQ Low Volatility ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.048 per share. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, June 22nd. This is an increase from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.04.

About Invesco QQQ Low Volatility ETF

(Get Free Report)

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.

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