Short Interest in Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) Increases By 174.2%

Invesco Nasdaq Future Gen 200 ETF (NASDAQ:QQQS) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,363 shares, an increase of 174.2% from the April 30th total of 4,508 shares. Currently, 3.1% of the company’s shares are sold short. Based on an average trading volume of 6,628 shares, the days-to-cover ratio is presently 1.9 days.

Invesco Nasdaq Future Gen 200 ETF Price Performance

Shares of QQQS stock opened at $43.99 on Monday. The company’s 50-day moving average price is $38.46 and its 200-day moving average price is $36.20. Invesco Nasdaq Future Gen 200 ETF has a twelve month low of $23.96 and a twelve month high of $44.55.

Invesco Nasdaq Future Gen 200 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.0611 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.24 annualized dividend and a dividend yield of 0.6%.

About Invesco Nasdaq Future Gen 200 ETF

The Invesco NASDAQ Future Gen 200 ETF (QQQS) is an exchange-traded fund that is based on the Nasdaq Innovators Completion Cap index. The fund tracks an equal-weighted index of 200 NASDAQ-listed stocks selected based on the value of their patent portfolios. The portfolio excludes the largest 200 stocks listed on NASDAQ. QQQS was launched on Oct 13, 2022 and is managed by Invesco.