Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Short Interest Update

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 89,851 shares, an increase of 358.1% from the November 30th total of 19,612 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 673,464 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 673,464 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.6%

NASDAQ:PEY opened at $20.56 on Thursday. The firm’s fifty day simple moving average is $20.52 and its 200 day simple moving average is $20.81. The stock has a market cap of $1.06 billion, a P/E ratio of 13.11 and a beta of 0.74. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $18.32 and a twelve month high of $22.26.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 22nd will be paid a dividend of $0.0822 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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

Institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 1.5% during the 1st quarter. Raymond James Financial Inc. now owns 642,378 shares of the company’s stock valued at $13,792,000 after acquiring an additional 9,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 16.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 130,505 shares of the company’s stock valued at $2,802,000 after purchasing an additional 18,006 shares during the period. Comerica Bank boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 69.5% during the first quarter. Comerica Bank now owns 77,802 shares of the company’s stock valued at $1,670,000 after purchasing an additional 31,898 shares in the last quarter. Curi RMB Capital LLC boosted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 139.2% during the first quarter. Curi RMB Capital LLC now owns 24,451 shares of the company’s stock valued at $525,000 after purchasing an additional 14,228 shares in the last quarter. Finally, Good Steward Wealth Advisors LLC grew its stake in Invesco High Yield Equity Dividend Achievers ETF by 200.1% in the second quarter. Good Steward Wealth Advisors LLC now owns 104,939 shares of the company’s stock worth $2,142,000 after purchasing an additional 69,974 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.