Invesco ESG NASDAQ Next Gen 100 ETF Experiences Significant Drop in Short Interest for December

The Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) faced a notable reduction in short interest during December. As of December 15, the total short interest was recorded at just 100 shares, marking a significant decline of 50.0% from the 200 shares reported at the end of November. This drop indicates a shift in market sentiment regarding the ETF. With an average daily trading volume of 800 shares, the short-interest ratio is currently at an extremely low 0.1 days, suggesting that there is very little short selling activity in relation to the trading volume.

QQJG ETF Stock Performance

On a recent trading day, the shares of QQJG opened at $24.30. The ETF boasts a market capitalization of approximately $6.08 million, along with a price-to-earnings ratio of 25.83, and a beta of 1.06, indicating a moderate level of volatility relative to the broader market. Over the last 50 days, QQJG has maintained a moving average price of $24.00, while the 200-day average stands at $22.94. Investors should note that the ETF has experienced a twelve-month low of $19.96 and a high of $25.22, reflecting some fluctuations in its stock price.

Dividend Announcement from Invesco ESG NASDAQ Next Gen 100 ETF

Additionally, the Invesco ESG NASDAQ Next Gen 100 ETF recently announced a dividend payment, which is set to be distributed on December 27. Shareholders of record on December 23 will receive a dividend of $0.0314. This dividend is part of the ETF's strategy to return value to its investors, although it is worth noting that the dividend payment date and ex-dividend date fall on the same day of the week.

About Invesco ESG NASDAQ Next Gen 100 ETF

The Invesco ESG NASDAQ Next Gen 100 ETF (QQJG – Get Free Report) is an exchange-traded fund that follows the Nasdaq Next Generation 100 ESG index. The ETF tracks a set of stocks selected and weighted based on certain environmental, social, and governance criteria. Launched on October 27, 2021, QQJG aims to offer investors exposure to companies that meet these sustainable criteria while providing an investment opportunity in the growing field of ESG investing.

ETF, ShortInterest, Dividend