Invesco QQQ Income Advantage ETF (NASDAQ:QQA – Get Free Report) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 13,764 shares, an increase of 23.8% from the February 26th total of 11,120 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 91,742 shares, the short-interest ratio is presently 0.2 days.
Invesco QQQ Income Advantage ETF Trading Down 0.7%
NASDAQ:QQA traded down $0.34 on Monday, hitting $48.41. 225,137 shares of the company’s stock traded hands, compared to its average volume of 113,261. The company has a market cap of $487.97 million, a PE ratio of 31.47 and a beta of 0.87. The firm has a 50-day moving average price of $52.04 and a 200-day moving average price of $52.76. Invesco QQQ Income Advantage ETF has a 1 year low of $39.86 and a 1 year high of $54.87.
Invesco QQQ Income Advantage ETF Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.4338 dividend. The ex-dividend date of this dividend was Monday, March 23rd.
Institutional Investors Weigh In On Invesco QQQ Income Advantage ETF
About Invesco QQQ Income Advantage ETF
The Invesco QQQ Income Advantage ETF (QQA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the NASDAQ-100 Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection QQA was launched on Jul 17, 2024 and is issued by Invesco.
Further Reading
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