Invesco Top QQQ ETF (NASDAQ:QBIG) Stock Short Interest Report for September

Invesco Top QQQ ETF (NASDAQ:QBIG) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 620 shares, an increase of 3,547.1% from the September 15th total of 17 shares. Based on an average daily volume of 3,480 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Invesco Top QQQ ETF Stock Performance

NASDAQ QBIG opened at $43.11 on Friday. Invesco Top QQQ ETF has a fifty-two week low of $32.67 and a fifty-two week high of $43.41. The stock has a 50 day simple moving average of $41.68 and a two-hundred day simple moving average of $40.08. The stock has a market cap of $34.49 million, a P/E ratio of 36.25 and a beta of 1.70.

Hedge Funds Weigh In On Invesco Top QQQ ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. ATX Financial Planning LLC boosted its holdings in Invesco Top QQQ ETF by 17.6% in the first quarter. ATX Financial Planning LLC now owns 41,084 shares of the company’s stock valued at $1,400,000 after acquiring an additional 6,158 shares in the last quarter. Polaris Financial Partners bought a new position in Invesco Top QQQ ETF in the 3rd quarter worth $406,000. Finally, SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in shares of Invesco Top QQQ ETF in the 2nd quarter worth about $868,000.

About Invesco Top QQQ ETF

The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.