Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Increases By 164.9%

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 20,588 shares, an increase of 164.9% from the June 15th total of 7,773 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 80,167 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

Several institutional investors have recently modified their holdings of PID. Ameriflex Group Inc. acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $31,000. Evelyn Partners Asset Management Ltd bought a new position in Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $31,000. Camelot Portfolios LLC bought a new position in Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $33,000. Russell Investments Group Ltd. acquired a new position in shares of Invesco International Dividend Achievers ETF during the 4th quarter worth approximately $43,000. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco International Dividend Achievers ETF during the 3rd quarter worth approximately $58,000. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Performance

PID opened at $22.75 on Tuesday. The company has a fifty day moving average price of $22.76 and a two-hundred day moving average price of $22.72. The firm has a market capitalization of $912.96 million, a PE ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 52 week low of $20.43 and a 52 week high of $23.76.

Invesco International Dividend Achievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.3129 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Monday, June 22nd.

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.