Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Short Interest Down 69.5% in August

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,720 shares, a decline of 69.5% from the August 15th total of 5,634 shares. Based on an average daily trading volume, of 1,404 shares, the short-interest ratio is presently 1.2 days. Approximately 0.6% of the company’s shares are sold short.

Invesco S&P 500 High Dividend Growers ETF Stock Performance

DIVG stock traded down $0.07 on Monday, reaching $37.73. The company’s stock had a trading volume of 563 shares, compared to its average volume of 1,436. The business has a fifty day simple moving average of $37.88 and a two-hundred day simple moving average of $36.29. The firm has a market cap of $11.32 million, a PE ratio of 15.30 and a beta of 0.43. Invesco S&P 500 High Dividend Growers ETF has a 12-month low of $31.47 and a 12-month high of $38.74.

Institutional Trading of Invesco S&P 500 High Dividend Growers ETF

Institutional investors have recently bought and sold shares of the company. Ascentis Independent Advisors bought a new stake in shares of Invesco S&P 500 High Dividend Growers ETF during the first quarter valued at approximately $61,000. Virtu Financial LLC grew its stake in shares of Invesco S&P 500 High Dividend Growers ETF by 36.4% during the 4th quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock valued at $294,000 after acquiring an additional 2,399 shares during the period. Horizon Family Wealth Inc. increased its stake in Invesco S&P 500 High Dividend Growers ETF by 4.8% in the 4th quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock worth $3,519,000 after buying an additional 4,891 shares in the last quarter. Finally, Kingsview Wealth Management LLC purchased a new stake in Invesco S&P 500 High Dividend Growers ETF during the 4th quarter valued at approximately $831,000.

Invesco S&P 500 High Dividend Growers ETF Company Profile

The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.