Invesco International Dividend Achievers ETF (NASDAQ:PID) Shares Shorted: Short Interest Down 44.9% in September

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 40,712 shares, a drop of 44.9% from the September 15th total of 73,905 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 72,450 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

Institutional investors have recently modified their holdings of the company. Breakwater Capital Group grew its position in Invesco International Dividend Achievers ETF by 1.2% in the 1st quarter. Breakwater Capital Group now owns 40,981 shares of the company’s stock valued at $912,000 after purchasing an additional 487 shares during the period. Arkadios Wealth Advisors raised its holdings in Invesco International Dividend Achievers ETF by 4.1% during the first quarter. Arkadios Wealth Advisors now owns 24,625 shares of the company’s stock worth $548,000 after buying an additional 963 shares during the last quarter. Stephens Inc. AR raised its holdings in Invesco International Dividend Achievers ETF by 5.5% during the first quarter. Stephens Inc. AR now owns 19,617 shares of the company’s stock worth $436,000 after buying an additional 1,029 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Invesco International Dividend Achievers ETF by 6.5% during the first quarter. Janney Montgomery Scott LLC now owns 18,014 shares of the company’s stock worth $401,000 after buying an additional 1,093 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its stake in shares of Invesco International Dividend Achievers ETF by 0.8% in the third quarter. Focus Financial Network Inc. now owns 187,204 shares of the company’s stock valued at $4,001,000 after buying an additional 1,548 shares in the last quarter. 46.28% of the stock is owned by institutional investors and hedge funds.

Invesco International Dividend Achievers ETF Trading Up 0.2%

Invesco International Dividend Achievers ETF stock traded up $0.05 during midday trading on Friday, reaching $22.24. The stock had a trading volume of 42,324 shares, compared to its average volume of 82,269. The company has a fifty day moving average price of $22.32 and a two-hundred day moving average price of $22.62. Invesco International Dividend Achievers ETF has a 12 month low of $21.17 and a 12 month high of $23.76. The company has a market capitalization of $878.70 million, a P/E ratio of 15.28 and a beta of 0.71.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a dividend of $0.1542 per share. This is a negative change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.3129. This represents a $0.62 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, September 21st.

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.