Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Short Interest Update

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 113,716 shares, a growth of 60.9% from the July 15th total of 70,672 shares. Based on an average daily volume of 131,651 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IDHQ. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P International Developed Quality ETF by 33.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,121,827 shares of the company’s stock valued at $39,432,000 after purchasing an additional 281,222 shares during the period. Chaney Capital Management Inc. increased its stake in shares of Invesco S&P International Developed Quality ETF by 4.0% in the fourth quarter. Chaney Capital Management Inc. now owns 363,144 shares of the company’s stock worth $12,765,000 after buying an additional 13,906 shares during the period. WCG Wealth Advisors LLC raised its holdings in Invesco S&P International Developed Quality ETF by 178.5% during the 4th quarter. WCG Wealth Advisors LLC now owns 834,521 shares of the company’s stock valued at $29,334,000 after buying an additional 534,913 shares during the last quarter. KWB Wealth raised its holdings in Invesco S&P International Developed Quality ETF by 3,174.4% during the 2nd quarter. KWB Wealth now owns 542,925 shares of the company’s stock valued at $23,731,000 after buying an additional 526,344 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in Invesco S&P International Developed Quality ETF by 39.7% during the 1st quarter. Sanctuary Advisors LLC now owns 55,907 shares of the company’s stock valued at $1,977,000 after buying an additional 15,895 shares during the last quarter.

Invesco S&P International Developed Quality ETF Stock Performance

Shares of IDHQ stock traded up $0.03 on Monday, hitting $45.69. 157,945 shares of the company’s stock traded hands, compared to its average volume of 112,948. The stock has a market capitalization of $973.20 million, a price-to-earnings ratio of 19.13 and a beta of 0.91. The company’s fifty day simple moving average is $43.56 and its 200 day simple moving average is $40.21. Invesco S&P International Developed Quality ETF has a one year low of $32.29 and a one year high of $45.87.

Invesco S&P International Developed Quality ETF Company Profile

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.