Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Short Interest Update

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 113,716 shares, an increase of 60.9% from the July 15th total of 70,672 shares. Based on an average daily trading volume, of 131,651 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IDHQ. LPL Financial LLC increased its position in shares of Invesco S&P International Developed Quality ETF by 29.3% during the fourth quarter. LPL Financial LLC now owns 1,715,684 shares of the company’s stock worth $60,306,000 after acquiring an additional 388,798 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P International Developed Quality ETF by 33.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,121,827 shares of the company’s stock valued at $39,432,000 after purchasing an additional 281,222 shares during the last quarter. WCG Wealth Advisors LLC boosted its stake in Invesco S&P International Developed Quality ETF by 178.5% during the 4th quarter. WCG Wealth Advisors LLC now owns 834,521 shares of the company’s stock valued at $29,334,000 after purchasing an additional 534,913 shares during the last quarter. Cedar Wealth Management LLC increased its holdings in Invesco S&P International Developed Quality ETF by 0.8% during the 4th quarter. Cedar Wealth Management LLC now owns 820,382 shares of the company’s stock worth $28,836,000 after purchasing an additional 6,737 shares in the last quarter. Finally, Align Financial LLC bought a new stake in Invesco S&P International Developed Quality ETF during the 4th quarter worth approximately $19,896,000.

Invesco S&P International Developed Quality ETF Stock Performance

Invesco S&P International Developed Quality ETF stock traded up $0.67 during mid-day trading on Wednesday, reaching $45.84. The stock had a trading volume of 71,242 shares, compared to its average volume of 112,868. Invesco S&P International Developed Quality ETF has a fifty-two week low of $32.29 and a fifty-two week high of $45.90. The stock’s 50-day simple moving average is $43.65 and its 200-day simple moving average is $40.26. The firm has a market capitalization of $976.39 million, a PE ratio of 19.13 and a beta of 0.91.

Invesco S&P International Developed Quality ETF Company Profile

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.