Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Significant Decrease in Short Interest

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 53,079 shares, a drop of 33.1% from the July 30th total of 79,368 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 54,882 shares, the days-to-cover ratio is currently 1.0 days.

Invesco International Dividend Achievers ETF Trading Down 0.5%

NASDAQ PID traded down $0.12 during trading hours on Tuesday, hitting $22.65. The company’s stock had a trading volume of 45,657 shares, compared to its average volume of 84,525. The company has a market capitalization of $902.60 million, a PE ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 52 week low of $21.00 and a 52 week high of $23.76. The company’s 50-day simple moving average is $22.82 and its two-hundred day simple moving average is $22.84.

Invesco International Dividend Achievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.3129 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.25 annualized dividend and a yield of 5.5%.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

A number of hedge funds have recently bought and sold shares of the company. Evelyn Partners Asset Management Ltd bought a new stake in shares of Invesco International Dividend Achievers ETF in the 4th quarter worth $31,000. Ameriflex Group Inc. bought a new position in shares of Invesco International Dividend Achievers ETF during the fourth quarter valued at about $31,000. Russell Investments Group Ltd. bought a new position in shares of Invesco International Dividend Achievers ETF during the fourth quarter valued at about $43,000. Advisory Services Network LLC purchased a new position in Invesco International Dividend Achievers ETF during the third quarter worth about $58,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Invesco International Dividend Achievers ETF by 20.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock worth $63,000 after purchasing an additional 485 shares during the last quarter. 46.28% of the stock is owned by hedge funds and other institutional investors.

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.