Invesco QQQ Trust (NASDAQ:QQQ) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 46,699,640 shares, a growth of 9.9% from the February 28th total of 42,497,566 shares. Based on an average trading volume of 33,331,160 shares, the short-interest ratio is currently 1.4 days. Currently, 11.9% of the shares of the company are sold short.
QQQ stock traded up $0.24 during trading on Friday, hitting $187.39. The company had a trading volume of 28,580,864 shares, compared to its average volume of 30,876,172. Invesco QQQ Trust has a fifty-two week low of $143.46 and a fifty-two week high of $187.93.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be issued a $0.3242 dividend. This represents a $1.30 annualized dividend and a yield of 0.69%. The ex-dividend date is Monday, March 18th.
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Invesco QQQ Trust Company Profile
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
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