Invesco Top QQQ ETF (NASDAQ:QBIG) Shares Shorted: Short Interest Down 95.3% in September

by · The Cerbat Gem

Invesco Top QQQ ETF (NASDAQ:QBIG – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 17 shares, a drop of 95.3% from the August 31st total of 360 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,459 shares, the short-interest ratio is currently 0.0 days.

Invesco Top QQQ ETF Trading Up 0.7%

Shares of NASDAQ:QBIG traded up $0.29 on Friday, hitting $42.15. 2,561 shares of the company were exchanged, compared to its average volume of 6,604. Invesco Top QQQ ETF has a 1-year low of $32.67 and a 1-year high of $43.36. The stock’s 50 day moving average price is $40.99 and its 200 day moving average price is $39.59. The firm has a market capitalization of $33.72 million, a P/E ratio of 36.25 and a beta of 1.72.

Hedge Funds Weigh In On Invesco Top QQQ ETF

An institutional investor recently raised its position in Invesco Top QQQ ETF stock. ATX Financial Planning LLC raised its position in shares of Invesco Top QQQ ETF (NASDAQ:QBIG – Free Report) by 17.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,084 shares of the company’s stock after purchasing an additional 6,158 shares during the quarter. Invesco Top QQQ ETF accounts for 1.1% of ATX Financial Planning LLC’s portfolio, making the stock its 26th largest position. ATX Financial Planning LLC owned approximately 4.11% of Invesco Top QQQ ETF worth $1,400,000 at the end of the most recent reporting period.

Invesco Top QQQ ETF Company Profile

(Get Free Report)

The Invesco Top QQQ ETF (QBIG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide exposure to the top 45% of the Nasdaq-100 based on market cap. This is achieved through direct equity investment and utilizing total return swaps on the equities. QBIG was launched on Dec 4, 2024 and is issued by Invesco.

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