Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Large Decline in Short Interest

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 36,472 shares, a decline of 62.7% from the December 31st total of 97,746 shares. Based on an average trading volume of 67,166 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 67,166 shares, the short-interest ratio is currently 0.5 days.

Invesco International Dividend Achievers ETF Trading Up 0.1%

Shares of PID traded up $0.02 during mid-day trading on Thursday, hitting $22.81. 59,577 shares of the company traded hands, compared to its average volume of 79,809. The stock has a market capitalization of $922.21 million, a price-to-earnings ratio of 15.28 and a beta of 0.81. The business has a 50-day moving average of $22.15 and a 200 day moving average of $21.55. Invesco International Dividend Achievers ETF has a one year low of $17.31 and a one year high of $23.09.

Invesco International Dividend Achievers ETF Cuts Dividend

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

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

Several large investors have recently made changes to their positions in PID. Eagle Strategies LLC increased its position in Invesco International Dividend Achievers ETF by 1.3% in the fourth quarter. Eagle Strategies LLC now owns 38,999 shares of the company’s stock worth $858,000 after purchasing an additional 498 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of 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 valued at $38,000 after purchasing an additional 531 shares during the last quarter. Freedom Financial Partners LLC grew its position in shares of 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 worth $1,064,000 after buying an additional 539 shares during the period. CWM LLC grew its position in shares of Invesco International Dividend Achievers ETF by 20.5% during the 4th quarter. CWM LLC now owns 3,386 shares of the company’s stock worth $74,000 after buying an additional 576 shares during the period. Finally, Founders Financial Alliance LLC raised its stake in shares of Invesco International Dividend Achievers ETF by 8.1% during the third quarter. Founders Financial Alliance LLC now owns 10,452 shares of the company’s stock worth $222,000 after buying an additional 781 shares during the last quarter. Institutional investors and hedge funds own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Company Profile

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.