Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Down 60.7% in May

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 6,437 shares, a drop of 60.7% from the April 30th total of 16,359 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 38,896 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco International Dividend Achievers ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Evelyn Partners Asset Management Ltd acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth approximately $31,000. Ameriflex Group Inc. acquired a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter worth $31,000. Camelot Portfolios LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter worth $33,000. Russell Investments Group Ltd. acquired a new stake in shares of Invesco International Dividend Achievers ETF in the fourth quarter worth $43,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF in the third quarter worth $58,000. Hedge funds and other institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Down 0.2%

PID stock traded down $0.04 during midday trading on Friday, hitting $23.12. The company’s stock had a trading volume of 198,410 shares, compared to its average volume of 96,880. The firm has a market capitalization of $925.72 million, a P/E ratio of 15.28 and a beta of 0.70. The firm has a 50-day simple moving average of $22.66 and a 200-day simple moving average of $22.54. Invesco International Dividend Achievers ETF has a 52-week low of $20.06 and a 52-week high of $23.76.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.1976 per share. This is an increase from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12. This represents a $0.79 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco International Dividend Achievers ETF Company Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.