Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Short Interest Up 118.9% in April

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 60,622 shares, a growth of 118.9% from the April 15th total of 27,694 shares. Based on an average daily volume of 36,378 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IDHQ. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P International Developed Quality ETF by 149.4% during the second quarter. JPMorgan Chase & Co. now owns 63,728 shares of the company’s stock worth $2,102,000 after purchasing an additional 38,178 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco S&P International Developed Quality ETF by 12.5% during the second quarter. Raymond James Financial Inc. now owns 271,459 shares of the company’s stock worth $8,953,000 after purchasing an additional 30,215 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco S&P International Developed Quality ETF by 1.0% during the second quarter. Jane Street Group LLC now owns 47,928 shares of the company’s stock worth $1,581,000 after purchasing an additional 495 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco S&P International Developed Quality ETF by 95.4% during the second quarter. Bank of America Corp DE now owns 83,083 shares of the company’s stock worth $2,740,000 after purchasing an additional 40,557 shares in the last quarter. Finally, Leavell Investment Management Inc. grew its holdings in shares of Invesco S&P International Developed Quality ETF by 3.6% during the third quarter. Leavell Investment Management Inc. now owns 23,340 shares of the company’s stock worth $785,000 after purchasing an additional 815 shares in the last quarter.

Invesco S&P International Developed Quality ETF Trading Down 2.7%

Shares of NYSEARCA IDHQ opened at $39.33 on Friday. Invesco S&P International Developed Quality ETF has a 12 month low of $31.54 and a 12 month high of $40.94. The firm has a market capitalization of $751.20 million, a price-to-earnings ratio of 19.13 and a beta of 0.92. The business has a 50-day moving average of $37.57 and a 200-day moving average of $36.66.

Invesco S&P International Developed Quality ETF Company Profile

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.