Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Stock Short Interest Drops 45.3%

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 22,812 shares, a drop of 45.3% from the September 15th total of 41,686 shares. Based on an average daily volume of 278,376 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Invesco S&P International Developed Quality ETF Trading Down 0.1%

Invesco S&P International Developed Quality ETF stock traded down $0.03 during mid-day trading on Friday, reaching $43.94. The company’s stock had a trading volume of 136,605 shares, compared to its average volume of 134,463. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 19.13 and a beta of 0.91. The business has a 50 day moving average price of $44.51 and a 200-day moving average price of $42.28. Invesco S&P International Developed Quality ETF has a twelve month low of $33.24 and a twelve month high of $46.35.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. KWB Wealth lifted its holdings in Invesco S&P International Developed Quality ETF by 3,174.4% in the second quarter. KWB Wealth now owns 542,925 shares of the company’s stock worth $23,731,000 after acquiring an additional 526,344 shares during the last quarter. Align Financial LLC bought a new position in shares of Invesco S&P International Developed Quality ETF during the fourth quarter valued at approximately $19,896,000. Integrated Capital Management LLC grew its holdings in shares of Invesco S&P International Developed Quality ETF by 3.2% during the first quarter. Integrated Capital Management LLC now owns 369,816 shares of the company’s stock valued at $13,080,000 after purchasing an additional 11,527 shares during the last quarter. Elevated Financial Group LLC raised its position in shares of Invesco S&P International Developed Quality ETF by 15.4% during the 3rd quarter. Elevated Financial Group LLC now owns 301,595 shares of the company’s stock worth $13,008,000 after purchasing an additional 40,167 shares during the period. Finally, BOS Asset Management LLC raised its position in shares of Invesco S&P International Developed Quality ETF by 3.1% during the 3rd quarter. BOS Asset Management LLC now owns 246,776 shares of the company’s stock worth $10,643,000 after purchasing an additional 7,368 shares during the period.

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.