Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Short Interest Up 195.6% in August

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 68,629 shares, an increase of 195.6% from the August 15th total of 23,219 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 45,611 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. grew its position in Invesco S&P Ultra Dividend Revenue ETF by 6.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 133,798 shares of the company’s stock worth $6,963,000 after buying an additional 8,457 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 61.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 113,908 shares of the company’s stock worth $5,928,000 after acquiring an additional 43,324 shares during the period. Cetera Investment Advisers lifted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 83,366 shares of the company’s stock worth $4,640,000 after acquiring an additional 563 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 108.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 63,520 shares of the company’s stock worth $3,536,000 after purchasing an additional 33,006 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.7% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 53,258 shares of the company’s stock worth $2,964,000 after purchasing an additional 875 shares in the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Trading Up 0.2%

NYSEARCA:RDIV traded up $0.12 during trading hours on Monday, hitting $61.26. 39,835 shares of the company traded hands, compared to its average volume of 62,180. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 11.29 and a beta of 0.76. Invesco S&P Ultra Dividend Revenue ETF has a twelve month low of $49.98 and a twelve month high of $64.42. The firm has a 50-day moving average of $62.19 and a 200 day moving average of $58.61.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that is based on the S&P 900 Dividend Revenue-Weighted index. The fund selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue. RDIV was launched on Oct 1, 2013 and is managed by Invesco.