Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Down 33.1% in August

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 53,079 shares, a decline of 33.1% from the July 30th total of 79,368 shares. Based on an average daily trading volume, of 54,882 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s shares are sold short.

Invesco International Dividend Achievers ETF Stock Performance

Shares of PID traded down $0.12 during mid-day trading on Tuesday, reaching $22.65. 45,657 shares of the company were exchanged, compared to its average volume of 84,525. Invesco International Dividend Achievers ETF has a 52 week low of $21.00 and a 52 week high of $23.76. The business has a 50 day simple moving average of $22.82 and a two-hundred day simple moving average of $22.84. The stock has a market capitalization of $902.60 million, a PE ratio of 15.28 and a beta of 0.70.

Invesco International Dividend Achievers ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.3129 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.25 annualized dividend and a dividend yield of 5.5%.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Evelyn Partners Asset Management Ltd bought a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $31,000. Ameriflex Group Inc. bought a new position in shares of Invesco International Dividend Achievers ETF during the 4th quarter worth about $31,000. Russell Investments Group Ltd. bought a new stake in Invesco International Dividend Achievers ETF in the 4th quarter valued at about $43,000. Advisory Services Network LLC bought a new position in Invesco International Dividend Achievers ETF in the third quarter worth approximately $58,000. Finally, PNC Financial Services Group Inc. grew its stake in Invesco International Dividend Achievers ETF by 20.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock valued at $63,000 after acquiring an additional 485 shares during the period. 46.28% of the stock is currently owned by institutional investors.

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.