Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Update

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 36,472 shares, a decline of 62.7% from the December 31st total of 97,746 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 67,166 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 67,166 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Invesco International Dividend Achievers ETF Trading Up 0.1%

NASDAQ:PID traded up $0.02 during trading hours on Thursday, hitting $22.81. The company had a trading volume of 59,577 shares, compared to its average volume of 79,809. Invesco International Dividend Achievers ETF has a 1 year low of $17.31 and a 1 year high of $23.09. The company has a market cap of $922.21 million, a P/E ratio of 15.28 and a beta of 0.81. The company has a 50-day moving average of $22.15 and a 200 day moving average of $21.55.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.1185 per share. This represents a $0.47 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Monday, December 22nd.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new position in Invesco International Dividend Achievers ETF in the first quarter valued at $229,000. Farther Finance Advisors LLC acquired a new position in shares of Invesco International Dividend Achievers ETF during the 2nd quarter worth about $29,000. Janney Montgomery Scott LLC increased its holdings in shares of Invesco International Dividend Achievers ETF by 28.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 16,447 shares of the company’s stock valued at $337,000 after acquiring an additional 3,635 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF during the 2nd quarter worth about $201,000. Finally, H&H Retirement Design & Management INC lifted its stake in Invesco International Dividend Achievers ETF by 8.9% during the second quarter. H&H Retirement Design & Management INC now owns 79,778 shares of the company’s stock worth $1,653,000 after purchasing an additional 6,515 shares during the last quarter. Hedge funds and other institutional investors own 46.28% of the company’s stock.

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.