Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Down 50.0% in March

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 14,254 shares, a decline of 50.0% from the February 26th total of 28,495 shares. Based on an average daily volume of 81,799 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Invesco International Dividend Achievers ETF Stock Down 0.6%

PID traded down $0.14 during midday trading on Thursday, reaching $21.90. The company had a trading volume of 139,071 shares, compared to its average volume of 87,986. The business has a 50-day moving average of $22.93 and a two-hundred day moving average of $22.10. Invesco International Dividend Achievers ETF has a 1 year low of $17.31 and a 1 year high of $23.76. The company has a market cap of $885.42 million, a P/E ratio of 15.28 and a beta of 0.81.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be paid a dividend of $0.1976 per share. This is a boost from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 23rd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 3.6%.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Modern Wealth Management LLC purchased a new position in Invesco International Dividend Achievers ETF during the second quarter valued at approximately $20,666,000. Equitable Holdings Inc. increased its stake in shares of Invesco International Dividend Achievers ETF by 43.9% in the fourth quarter. Equitable Holdings Inc. now owns 727,943 shares of the company’s stock worth $16,015,000 after purchasing an additional 222,002 shares in the last quarter. Citadel Advisors LLC raised its position in shares of Invesco International Dividend Achievers ETF by 1,039.1% during the 3rd quarter. Citadel Advisors LLC now owns 180,090 shares of the company’s stock valued at $3,830,000 after purchasing an additional 164,280 shares during the period. Jones Financial Companies Lllp raised its position in shares of Invesco International Dividend Achievers ETF by 11.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 616,547 shares of the company’s stock valued at $13,071,000 after purchasing an additional 64,674 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Invesco International Dividend Achievers ETF by 2.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,650,734 shares of the company’s stock valued at $36,316,000 after buying an additional 41,871 shares in the last quarter. Institutional investors own 46.28% of the company’s stock.

About Invesco International Dividend Achievers ETF

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.