Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) Short Interest Down 75.0% in October

Posted by Joseph McCarthy on Nov 13th, 2024

Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 75.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco ESG NASDAQ Next Gen 100 ETF

A hedge fund recently raised its stake in Invesco ESG NASDAQ Next Gen 100 ETF stock. Envestnet Portfolio Solutions Inc. lifted its position in shares of Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG – Free Report) by 13.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,846 shares of the company’s stock after buying an additional 5,496 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 18.34% of Invesco ESG NASDAQ Next Gen 100 ETF worth $1,039,000 at the end of the most recent quarter.

Invesco ESG NASDAQ Next Gen 100 ETF Price Performance

Shares of NASDAQ:QQJG traded down $0.15 during trading on Wednesday, hitting $24.00. The company had a trading volume of 333 shares, compared to its average volume of 906. The stock has a market cap of $6 million, a price-to-earnings ratio of 25.83 and a beta of 1.06. The company has a fifty day simple moving average of $23.22 and a two-hundred day simple moving average of $22.39. Invesco ESG NASDAQ Next Gen 100 ETF has a one year low of $18.76 and a one year high of $24.40.

Invesco ESG NASDAQ Next Gen 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.034 per share. This represents a $0.14 annualized dividend and a yield of 0.57%. The ex-dividend date was Monday, September 23rd.

About Invesco ESG NASDAQ Next Gen 100 ETF

(Get Free Report)

The Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is an exchange-traded fund that is based on the Nasdaq Next Generation 100 ESG index. The fund tracks an index of NASDAQ Next Gen 100 stocks screened and weighted based on various environmental, social, and governance factors. QQJG was launched on Oct 27, 2021 and is managed by Invesco.