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Invesco's short interest rose by 16.3%, while it beat earnings estimates and announced a dividend.
In December, Invesco Ltd. (IVZ) saw short interest rise by 16.3% to 10.86 million shares, representing 2.5% of its stock.
Institutional investors like Fisher Asset Management and Marshall Wake LLP adjusted their positions.
IVZ reported $0.44 EPS, beating estimates, and announced a $0.205 dividend.
The company has a market cap of $7.86 billion.
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) also saw short interest increase by 18.7%, with several hedge funds adjusting their stakes.
QQQJ shares traded at $30.88 and paid a $0.0353 dividend.
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