Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Up 228.8% in February

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 28,495 shares, a growth of 228.8% from the February 12th total of 8,667 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 60,606 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 60,606 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its holdings in Invesco International Dividend Achievers ETF by 20.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock valued at $63,000 after acquiring an additional 485 shares during the period. Eagle Strategies LLC boosted its stake in shares of Invesco International Dividend Achievers ETF by 1.3% during the fourth quarter. Eagle Strategies LLC now owns 38,999 shares of the company’s stock valued at $858,000 after purchasing an additional 498 shares during the period. Federation des caisses Desjardins du Quebec grew its holdings in shares of Invesco International Dividend Achievers ETF by 3.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 16,379 shares of the company’s stock worth $360,000 after purchasing an additional 500 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in Invesco International Dividend Achievers ETF by 40.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,856 shares of the company’s stock worth $38,000 after buying an additional 531 shares during the period. Finally, Freedom Financial Partners LLC lifted its holdings in Invesco International Dividend Achievers ETF by 1.0% during the 2nd quarter. Freedom Financial Partners LLC now owns 51,884 shares of the company’s stock valued at $1,064,000 after buying an additional 539 shares in the last quarter. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Trading Down 0.7%

Shares of NASDAQ:PID opened at $22.78 on Wednesday. Invesco International Dividend Achievers ETF has a 12 month low of $17.31 and a 12 month high of $23.76. The company has a market capitalization of $921.00 million, a price-to-earnings ratio of 15.28 and a beta of 0.81. The firm’s 50-day moving average is $22.90 and its 200 day moving average is $22.02.

Invesco International Dividend Achievers ETF Cuts Dividend

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

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.