Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 688,800 shares, a growth of 145.0% from the June 30th total of 281,200 shares. Based on an average daily volume of 1,568,700 shares, the short-interest ratio is currently 0.4 days.
Invesco NASDAQ 100 ETF Stock Up 1.1 %
Invesco NASDAQ 100 ETF stock traded up $2.00 during trading hours on Friday, reaching $190.55. 2,458,116 shares of the company’s stock were exchanged, compared to its average volume of 1,749,020. The firm’s 50 day simple moving average is $195.36 and its 200 day simple moving average is $184.25. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $207.24. The firm has a market capitalization of $29.25 billion, a PE ratio of 34.39 and a beta of 1.18.
Invesco NASDAQ 100 ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.3199 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.28 dividend on an annualized basis and a yield of 0.67%.
Institutional Trading of Invesco NASDAQ 100 ETF
About Invesco NASDAQ 100 ETF
The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.
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