Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Sees Significant Increase in Short Interest

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 539 shares, an increase of 428.4% from the June 15th total of 102 shares. Based on an average daily trading volume, of 860 shares, the short-interest ratio is currently 0.6 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC purchased a new position in Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 filing with the Securities and Exchange Commission (SEC).

Invesco QQQ Low Volatility ETF Trading Up 0.6%

QQLV stock opened at $24.82 on Friday. The firm has a 50 day moving average of $24.51 and a 200-day moving average of $24.46. Invesco QQQ Low Volatility ETF has a 12 month low of $23.63 and a 12 month high of $25.74. The firm has a market capitalization of $2.23 million, a P/E ratio of 22.72 and a beta of 0.20.

Invesco QQQ Low Volatility ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.048 dividend. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a yield of 2.3%. This is a boost from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.04.

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.