Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Update

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 97,746 shares, an increase of 104.7% from the December 15th total of 47,741 shares. Based on an average daily volume of 98,274 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 98,274 shares, the days-to-cover ratio is presently 1.0 days.

Invesco International Dividend Achievers ETF Stock Performance

NASDAQ PID opened at $22.55 on Friday. Invesco International Dividend Achievers ETF has a twelve month low of $17.31 and a twelve month high of $22.73. The stock has a market cap of $909.89 million, a PE ratio of 15.28 and a beta of 0.81. The firm has a 50-day simple moving average of $21.96 and a 200 day simple moving average of $21.42.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.1185 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.47 dividend on an annualized basis and a dividend yield of 2.1%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Freedom Financial Partners LLC boosted its stake in Invesco International Dividend Achievers ETF by 1.0% during the fourth quarter. Freedom Financial Partners LLC now owns 54,414 shares of the company’s stock worth $1,197,000 after buying an additional 552 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Invesco International Dividend Achievers ETF by 7.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 109,760 shares of the company’s stock valued at $2,334,000 after acquiring an additional 7,899 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF during the 3rd quarter valued at about $58,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco International Dividend Achievers ETF by 5.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 268,068 shares of the company’s stock valued at $5,701,000 after acquiring an additional 13,802 shares during the period. Finally, Citadel Advisors LLC raised its position in Invesco International Dividend Achievers ETF by 1,039.1% in the third quarter. Citadel Advisors LLC now owns 180,090 shares of the company’s stock worth $3,830,000 after purchasing an additional 164,280 shares in the last quarter. 46.28% of the stock is currently owned by institutional investors and hedge funds.

About Invesco International Dividend Achievers ETF

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.