Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Stock Short Interest Falls 87.0%

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 362 shares, a decline of 87.0% from the October 15th total of 2,774 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,381 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Bloomberg Financial Data Providers ETF Stock Down 0.1%

NASDAQ:FDIQ traded down $0.05 on Wednesday, reaching $76.77. 238 shares of the company’s stock were exchanged, compared to its average volume of 3,873. The firm has a market capitalization of $43.76 million, a price-to-earnings ratio of 25.86 and a beta of 0.83. The business has a fifty day moving average of $72.24 and a 200-day moving average of $70.68. Invesco Bloomberg Financial Data Providers ETF has a 52-week low of $56.00 and a 52-week high of $78.16.

Invesco Bloomberg Financial Data Providers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.3652 per share. This is a boost from Invesco Bloomberg Financial Data Providers ETF’s previous quarterly dividend of $0.2232. This represents a $1.46 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, September 21st.

Invesco Bloomberg Financial Data Providers ETF Company Profile

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security. The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.