Short Interest in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Drops By 80.0%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 861 shares, a drop of 80.0% from the May 31st total of 4,311 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 19,810 shares, the days-to-cover ratio is presently 0.0 days.

Invesco S&P International Developed Low Volatility ETF Price Performance

Invesco S&P International Developed Low Volatility ETF stock opened at $34.38 on Friday. The company’s 50-day moving average is $35.04 and its 200-day moving average is $34.94. The firm has a market capitalization of $360.99 million, a PE ratio of 17.78 and a beta of 0.50. Invesco S&P International Developed Low Volatility ETF has a fifty-two week low of $32.50 and a fifty-two week high of $36.97.

Institutional Trading of Invesco S&P International Developed Low Volatility ETF

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE raised its stake in Invesco S&P International Developed Low Volatility ETF by 11.9% during the first quarter. Bank of America Corp DE now owns 133,656 shares of the company’s stock worth $4,605,000 after acquiring an additional 14,187 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of Invesco S&P International Developed Low Volatility ETF in the 1st quarter valued at approximately $384,000. PNC Financial Services Group Inc. grew its stake in shares of Invesco S&P International Developed Low Volatility ETF by 4.0% during the first quarter. PNC Financial Services Group Inc. now owns 89,249 shares of the company’s stock worth $3,075,000 after buying an additional 3,467 shares during the last quarter. Main Street Group LTD bought a new stake in Invesco S&P International Developed Low Volatility ETF during the 1st quarter worth $75,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Invesco S&P International Developed Low Volatility ETF by 46.9% in the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after buying an additional 483,277 shares during the period.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.