Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) Sees Significant Increase in Short Interest

Posted by Hayley Millar on May 1st, 2024

Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG – Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,600 shares, an increase of 30.0% from the March 31st total of 2,000 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 2.2 days.

Invesco ESG NASDAQ Next Gen 100 ETF Stock Down 1.6 %

Shares of Invesco ESG NASDAQ Next Gen 100 ETF stock traded down $0.34 on Tuesday, hitting $21.13. 50 shares of the company’s stock traded hands, compared to its average volume of 1,081. Invesco ESG NASDAQ Next Gen 100 ETF has a 52-week low of $17.30 and a 52-week high of $23.01. The stock has a market cap of $5.28 million, a P/E ratio of 25.36 and a beta of 1.06. The firm’s 50-day moving average is $22.01 and its 200 day moving average is $20.56.

Invesco ESG NASDAQ Next Gen 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.0422 per share. This represents a $0.17 dividend on an annualized basis and a yield of 0.80%. This is an increase from Invesco ESG NASDAQ Next Gen 100 ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, March 18th.

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

A hedge fund recently bought a new stake in Invesco ESG NASDAQ Next Gen 100 ETF stock. Envestnet Portfolio Solutions Inc. purchased a new position in Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 40,350 shares of the company’s stock, valued at approximately $839,000. Envestnet Portfolio Solutions Inc. owned approximately 17.54% of Invesco ESG NASDAQ Next Gen 100 ETF as of its most recent filing with the Securities & Exchange Commission.

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.