Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Short Interest Update

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,351 shares, a growth of 120.4% from the July 15th total of 2,428 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily volume of 1,619 shares, the days-to-cover ratio is currently 3.3 days.

Institutional Investors Weigh In On Invesco S&P 500 High Dividend Growers ETF

Several hedge funds have recently added to or reduced their stakes in the business. Ascentis Independent Advisors bought a new stake in Invesco S&P 500 High Dividend Growers ETF during the 1st quarter worth approximately $61,000. Virtu Financial LLC increased its position in Invesco S&P 500 High Dividend Growers ETF by 36.4% in the 4th quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock valued at $294,000 after acquiring an additional 2,399 shares during the period. Horizon Family Wealth Inc. raised its stake in shares of Invesco S&P 500 High Dividend Growers ETF by 4.8% during the fourth quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock valued at $3,519,000 after acquiring an additional 4,891 shares during the last quarter. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Invesco S&P 500 High Dividend Growers ETF during the fourth quarter worth $831,000.

Invesco S&P 500 High Dividend Growers ETF Stock Up 0.0%

Shares of DIVG stock traded up $0.01 during mid-day trading on Friday, reaching $38.74. 901 shares of the stock traded hands, compared to its average volume of 1,454. The company has a market cap of $11.62 million, a price-to-earnings ratio of 15.30 and a beta of 0.43. The stock’s fifty day simple moving average is $37.18 and its two-hundred day simple moving average is $35.82. Invesco S&P 500 High Dividend Growers ETF has a 1-year low of $31.47 and a 1-year high of $38.74.

About Invesco S&P 500 High Dividend Growers ETF

(Get Free Report)

The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.

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