Short Interest in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Expands By 210.1%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 23,350 shares, an increase of 210.1% from the July 30th total of 7,530 shares. Based on an average trading volume of 31,960 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s shares are short sold.

Invesco S&P International Developed Low Volatility ETF Stock Performance

IDLV traded down $0.12 during trading on Thursday, reaching $36.12. 20,843 shares of the company’s stock were exchanged, compared to its average volume of 41,872. The company’s fifty day moving average price is $35.45 and its 200-day moving average price is $35.35. The firm has a market capitalization of $344.95 million, a PE ratio of 17.78 and a beta of 0.49. 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 Investors Weigh In On Invesco S&P International Developed Low Volatility ETF

Institutional investors have recently made changes to their positions in the stock. Whitaker Myers Wealth Managers LTD. lifted its stake in Invesco S&P International Developed Low Volatility ETF by 12.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 511,114 shares of the company’s stock valued at $17,630,000 after buying an additional 56,755 shares during the period. Bank of New York Mellon Corp boosted its holdings in Invesco S&P International Developed Low Volatility ETF by 46.9% during the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock worth $52,142,000 after buying an additional 483,277 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P International Developed Low Volatility ETF by 197.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 240,131 shares of the company’s stock worth $8,140,000 after buying an additional 159,455 shares during the period. Main Street Group LTD acquired a new position in shares of Invesco S&P International Developed Low Volatility ETF during the 1st quarter worth about $75,000. Finally, Johnson & White Wealth Management LLC increased its stake in shares of Invesco S&P International Developed Low Volatility ETF by 0.3% in the 4th quarter. Johnson & White Wealth Management LLC now owns 170,465 shares of the company’s stock valued at $5,779,000 after acquiring an additional 464 shares during the last quarter.

Invesco S&P International Developed Low Volatility ETF Company Profile

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.