Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Down 80.3% in January

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 7,183 shares, a decline of 80.3% from the January 15th total of 36,472 shares. Based on an average daily volume of 88,952 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 88,952 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Invesco International Dividend Achievers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PID. PNC Financial Services Group Inc. grew its position in shares of Invesco International Dividend Achievers ETF by 20.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock valued at $63,000 after purchasing an additional 485 shares in the last quarter. Eagle Strategies LLC boosted its stake in Invesco International Dividend Achievers ETF by 1.3% during the fourth quarter. Eagle Strategies LLC now owns 38,999 shares of the company’s stock valued at $858,000 after buying an additional 498 shares during the period. Steward Partners Investment Advisory LLC grew its position in Invesco International Dividend Achievers ETF by 40.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,856 shares of the company’s stock worth $38,000 after buying an additional 531 shares in the last quarter. Freedom Financial Partners LLC increased its stake in Invesco International Dividend Achievers ETF by 1.0% in the 2nd quarter. Freedom Financial Partners LLC now owns 51,884 shares of the company’s stock worth $1,064,000 after acquiring an additional 539 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Invesco International Dividend Achievers ETF by 20.5% in the 4th quarter. CWM LLC now owns 3,386 shares of the company’s stock valued at $74,000 after acquiring an additional 576 shares in the last quarter. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Performance

NASDAQ PID traded up $0.13 during trading hours on Tuesday, hitting $23.38. The company had a trading volume of 57,290 shares, compared to its average volume of 107,307. Invesco International Dividend Achievers ETF has a 52 week low of $17.31 and a 52 week high of $23.49. The firm has a 50 day simple moving average of $22.34 and a 200 day simple moving average of $21.67. The firm has a market capitalization of $945.25 million, a price-to-earnings ratio of 15.28 and a beta of 0.81.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.1185 dividend. This represents a $0.47 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, December 22nd.

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.