Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Shares Shorted: Short Interest Down 40.7% in October

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,164 shares, a decrease of 40.7% from the September 30th total of 10,393 shares. Based on an average daily trading volume, of 43,816 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Invesco Dow Jones Industrial Average Dividend ETF Trading Down 0.9%

NYSEARCA DJD traded down $0.62 during trading hours on Tuesday, hitting $67.53. The company’s stock had a trading volume of 30,799 shares, compared to its average volume of 44,163. The company has a market capitalization of $528.05 million, a PE ratio of 17.48 and a beta of 0.69. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $54.83 and a 52 week high of $68.57. The company’s 50-day simple moving average is $65.18 and its two-hundred day simple moving average is $62.82.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. SYM FINANCIAL Corp bought a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the third quarter valued at approximately $26,000. First Pacific Financial bought a new stake in Invesco Dow Jones Industrial Average Dividend ETF during the third quarter worth $33,000. International Assets Investment Management LLC lifted its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 48.8% during the first quarter. International Assets Investment Management LLC now owns 625 shares of the company’s stock worth $37,000 after acquiring an additional 205 shares during the period. Asset Dedication LLC bought a new stake in Invesco Dow Jones Industrial Average Dividend ETF during the third quarter worth $50,000. Finally, Western Wealth Management LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF in the first quarter worth $174,000.

About Invesco Dow Jones Industrial Average Dividend ETF

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.