Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Increases By 185.3%

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 58,745 shares, a growth of 185.3% from the June 30th total of 20,588 shares. Based on an average trading volume of 109,032 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Invesco International Dividend Achievers ETF Trading Up 0.7%

Shares of Invesco International Dividend Achievers ETF stock traded up $0.17 on Monday, reaching $23.08. 30,015 shares of the stock were exchanged, compared to its average volume of 90,096. The firm has a market capitalization of $919.74 million, a PE ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 1-year low of $20.43 and a 1-year high of $23.76. The business has a fifty day moving average price of $22.77 and a two-hundred day moving average price of $22.77.

Invesco International Dividend Achievers ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given 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 5.4%.

Institutional Trading of Invesco International Dividend Achievers ETF

Several hedge funds have recently modified their holdings of PID. Community Financial Services Group LLC purchased a new position in Invesco International Dividend Achievers ETF in the second quarter worth $67,000. Focus Financial Network Inc. boosted its holdings in Invesco International Dividend Achievers ETF by 0.9% during the second quarter. Focus Financial Network Inc. now owns 185,656 shares of the company’s stock worth $4,122,000 after buying an additional 1,679 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Invesco International Dividend Achievers ETF by 4.1% during the first quarter. Arkadios Wealth Advisors now owns 24,625 shares of the company’s stock worth $548,000 after buying an additional 963 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Invesco International Dividend Achievers ETF by 68.5% in the first quarter. Geneos Wealth Management Inc. now owns 8,290 shares of the company’s stock valued at $184,000 after buying an additional 3,371 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new position in Invesco International Dividend Achievers ETF in the first quarter valued at about $367,000. 46.28% of the stock is 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.