Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Short Interest Update

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 6,758 shares, a decrease of 80.0% from the February 12th total of 33,813 shares. Based on an average daily volume of 23,629 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 23,629 shares, the days-to-cover ratio is presently 0.3 days.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

NYSEARCA RDIV traded up $0.06 on Wednesday, reaching $55.01. 22,164 shares of the stock traded hands, compared to its average volume of 50,953. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $41.50 and a 12 month high of $57.51. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 11.29 and a beta of 0.94. The company has a fifty day moving average price of $55.01 and a 200-day moving average price of $53.24.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Aventura Private Wealth LLC bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter valued at about $30,000. Assetmark Inc. bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter valued at approximately $55,000. Advisory Services Network LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the third quarter valued at approximately $95,000. Tower Research Capital LLC TRC increased its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock valued at $160,000 after buying an additional 3,150 shares during the period. Finally, Bridgewealth Advisory Group LLC purchased a new position in Invesco S&P Ultra Dividend Revenue ETF during the third quarter valued at approximately $209,000.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that is based on the S&P 900 Dividend Revenue-Weighted index. The fund selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue. RDIV was launched on Oct 1, 2013 and is managed by Invesco.