Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Down 20.6% in March

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 14,300 shares, a decline of 20.6% from the February 28th total of 18,000 shares. Based on an average daily volume of 128,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Invesco International Dividend Achievers ETF Stock Performance

NASDAQ PID traded down $0.03 during trading hours on Wednesday, reaching $19.11. The stock had a trading volume of 120,963 shares, compared to its average volume of 119,840. Invesco International Dividend Achievers ETF has a 52-week low of $17.28 and a 52-week high of $19.99. The stock has a fifty day moving average of $19.11 and a 200 day moving average of $19.13. The stock has a market cap of $840.84 million, a P/E ratio of 18.94 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1665 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco International Dividend Achievers ETF’s previous dividend of $0.09.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PID. Oakworth Capital Inc. acquired a new stake in Invesco International Dividend Achievers ETF during the 4th quarter worth about $33,000. Stonebridge Financial Group LLC acquired a new stake in Invesco International Dividend Achievers ETF during the fourth quarter worth about $45,000. Bank of Montreal Can acquired a new stake in Invesco International Dividend Achievers ETF during the fourth quarter worth about $93,000. FMR LLC raised its position in Invesco International Dividend Achievers ETF by 50.7% during the third quarter. FMR LLC now owns 6,806 shares of the company’s stock valued at $135,000 after acquiring an additional 2,291 shares in the last quarter. Finally, Genesis Wealth Advisors LLC acquired a new position in Invesco International Dividend Achievers ETF in the fourth quarter valued at approximately $196,000. 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.