Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Stock Short Interest Report for September

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 57,140 shares, a decline of 64.9% from the September 15th total of 162,663 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 375,934 shares, the short-interest ratio is presently 0.2 days.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.4%

PEY traded up $0.09 during trading hours on Wednesday, hitting $23.20. 289,159 shares of the company’s stock were exchanged, compared to its average volume of 324,706. The stock’s 50-day moving average is $24.13 and its two-hundred day moving average is $23.23. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.58 and a 1-year high of $25.49. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 13.11 and a beta of 0.67.

Invesco High Yield Equity Dividend Achievers ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a $0.0932 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, August 24th.

Hedge Funds Weigh In On Invesco High Yield Equity Dividend Achievers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PEY. Investors Research Corp raised its stake in Invesco High Yield Equity Dividend Achievers ETF by 3.9% in the third quarter. Investors Research Corp now owns 404,850 shares of the company’s stock valued at $9,236,000 after buying an additional 15,117 shares during the period. Cresta Advisors Ltd. boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 12.6% during the 3rd quarter. Cresta Advisors Ltd. now owns 135,354 shares of the company’s stock worth $3,088,000 after acquiring an additional 15,121 shares during the period. Aspire Capital Advisors LLC boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 36.6% during the 2nd quarter. Aspire Capital Advisors LLC now owns 93,653 shares of the company’s stock worth $2,171,000 after acquiring an additional 25,087 shares during the period. Wealth Alliance LLC boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.0% during the 1st quarter. Wealth Alliance LLC now owns 86,798 shares of the company’s stock worth $1,859,000 after acquiring an additional 1,696 shares during the period. Finally, Virtu Financial LLC boosted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 402.6% during the 4th quarter. Virtu Financial LLC now owns 84,130 shares of the company’s stock worth $1,715,000 after acquiring an additional 67,392 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.