Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Short Interest Down 91.5% in July

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 46 shares, a decline of 91.5% from the June 30th total of 539 shares. Based on an average trading volume of 413 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco QQQ Low Volatility ETF

A hedge fund recently bought a new position in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC bought a new position in shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned 1.82% of Invesco QQQ Low Volatility ETF as of its most recent SEC filing.

Invesco QQQ Low Volatility ETF Stock Down 0.0%

Shares of QQLV traded down $0.00 during mid-day trading on Friday, hitting $24.93. 24 shares of the company traded hands, compared to its average volume of 1,627. The company has a market capitalization of $2.24 million, a PE ratio of 22.72 and a beta of 0.20. The business has a 50 day moving average of $24.69 and a 200 day moving average of $24.52. Invesco QQQ Low Volatility ETF has a 1-year low of $23.63 and a 1-year high of $25.71.

Invesco QQQ Low Volatility ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 24th. Shareholders of record on Monday, July 20th will be issued a $0.0481 dividend. This is an increase from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, July 20th.

About Invesco QQQ Low Volatility ETF

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.