Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Short Interest Update

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 8,906 shares, a growth of 398.4% from the August 31st total of 1,787 shares. Based on an average trading volume of 2,222 shares, the short-interest ratio is presently 4.0 days. Currently, 1.6% of the shares of the stock are short sold.

Invesco Bloomberg Financial Data Providers ETF Stock Down 0.9%

Shares of FDIQ stock opened at $69.85 on Friday. Invesco Bloomberg Financial Data Providers ETF has a twelve month low of $55.60 and a twelve month high of $76.68. The stock’s fifty day simple moving average is $72.54 and its 200 day simple moving average is $70.58. The firm has a market capitalization of $39.82 million, a P/E ratio of 13.81 and a beta of 0.78.

Invesco Bloomberg Financial Data Providers ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 21st will be issued a dividend of $0.3652 per share. This represents a $1.46 annualized dividend and a dividend yield of 2.1%. This is an increase from Invesco Bloomberg Financial Data Providers ETF’s previous quarterly dividend of $0.2232. The ex-dividend date is Monday, September 21st.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco Bloomberg Financial Data Providers ETF stock. Corient Private Wealth LLC purchased a new position in shares of Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,000 shares of the company’s stock, valued at approximately $389,000. Corient Private Wealth LLC owned about 0.78% of Invesco Bloomberg Financial Data Providers ETF as of its most recent filing with the SEC.

About Invesco Bloomberg Financial Data Providers ETF

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.