Invesco Dividend Achievers ETF (NASDAQ:PFM) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 45,100 shares, an increase of 544.3% from the September 15th total of 7,000 shares. Based on an average daily volume of 47,400 shares, the days-to-cover ratio is presently 1.0 days.
Invesco Dividend Achievers ETF stock opened at $36.62 on Thursday. The stock has a 50-day moving average price of $37.19 and a 200 day moving average price of $36.55. Invesco Dividend Achievers ETF has a 52 week low of $29.31 and a 52 week high of $38.00.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Investors of record on Tuesday, September 21st were given a dividend of $0.172 per share. This represents a $0.69 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Monday, September 20th. This is a boost from Invesco Dividend Achievers ETF’s previous quarterly dividend of $0.16.
Invesco Dividend Achievers ETF Company Profile
PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.
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