Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Down 80.3% in January

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 7,183 shares, a decrease of 80.3% from the January 15th total of 36,472 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 88,952 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 88,952 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Several hedge funds have recently added to or reduced their stakes in PID. Modern Wealth Management LLC bought a new position in shares of Invesco International Dividend Achievers ETF during the 2nd quarter valued at about $20,666,000. Citadel Advisors LLC lifted its position in Invesco International Dividend Achievers ETF by 1,039.1% in the 3rd quarter. Citadel Advisors LLC now owns 180,090 shares of the company’s stock worth $3,830,000 after buying an additional 164,280 shares during the last quarter. Brian Low Financial Group LLC purchased a new stake in Invesco International Dividend Achievers ETF in the second quarter worth approximately $1,955,000. Jones Financial Companies Lllp boosted its stake in Invesco International Dividend Achievers ETF by 11.7% in the third quarter. Jones Financial Companies Lllp now owns 616,547 shares of the company’s stock worth $13,071,000 after buying an additional 64,674 shares in the last quarter. Finally, Equitable Holdings Inc. grew its position in Invesco International Dividend Achievers ETF by 11.8% during the third quarter. Equitable Holdings Inc. now owns 505,941 shares of the company’s stock valued at $10,760,000 after acquiring an additional 53,545 shares during the last quarter. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Performance

Invesco International Dividend Achievers ETF stock traded up $0.13 during mid-day trading on Tuesday, hitting $23.38. 57,290 shares of the company traded hands, compared to its average volume of 107,307. Invesco International Dividend Achievers ETF has a one year low of $17.31 and a one year high of $23.49. The stock has a market cap of $945.25 million, a price-to-earnings ratio of 15.28 and a beta of 0.81. The stock has a fifty day moving average price of $22.34 and a 200-day moving average price of $21.67.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.1185 dividend. This represents a $0.47 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.