Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Short Interest Update

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 54,927 shares, a growth of 69.7% from the May 31st total of 32,367 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 32,548 shares, the short-interest ratio is presently 1.7 days.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

RDIV opened at $58.77 on Friday. The stock has a fifty day moving average of $57.68 and a 200-day moving average of $55.78. The company has a market capitalization of $1.28 billion, a P/E ratio of 11.29 and a beta of 0.77. Invesco S&P Ultra Dividend Revenue ETF has a fifty-two week low of $47.28 and a fifty-two week high of $60.14.

Institutional Trading of Invesco S&P Ultra Dividend Revenue ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Aventura Private Wealth LLC bought a new stake in Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter valued at about $30,000. Assetmark Inc. bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth approximately $55,000. Western Wealth Management LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the first quarter worth approximately $94,000. Advisory Services Network LLC acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at approximately $95,000. Finally, Tower Research Capital LLC TRC raised its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock valued at $160,000 after buying an additional 3,150 shares in the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that is based on the S&P 900 Dividend Revenue-Weighted index. The fund selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue. RDIV was launched on Oct 1, 2013 and is managed by Invesco.