Short Interest in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Decreases By 45.0%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,311 shares, a decline of 45.0% from the May 14th total of 7,834 shares. Based on an average daily volume of 37,080 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Invesco S&P International Developed Low Volatility ETF Stock Down 0.1%

IDLV stock traded down $0.03 during trading on Friday, hitting $35.20. The company had a trading volume of 8,205 shares, compared to its average volume of 46,080. The firm has a 50-day moving average price of $35.15 and a 200-day moving average price of $34.88. Invesco S&P International Developed Low Volatility ETF has a 12 month low of $32.14 and a 12 month high of $36.97. The stock has a market cap of $369.60 million, a price-to-earnings ratio of 17.78 and a beta of 0.50.

Institutional Investors Weigh In On Invesco S&P International Developed Low Volatility ETF

Several hedge funds have recently bought and sold shares of IDLV. Bank of New York Mellon Corp increased its stake in Invesco S&P International Developed Low Volatility ETF by 46.9% in the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after acquiring an additional 483,277 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 1,471.6% in the 2nd quarter. Jane Street Group LLC now owns 268,928 shares of the company’s stock worth $8,908,000 after acquiring an additional 251,816 shares during the last quarter. UMB Bank n.a. acquired a new stake in shares of Invesco S&P International Developed Low Volatility ETF in the 4th quarter worth about $8,312,000. Bank of America Corp DE raised its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 219.3% in the 2nd quarter. Bank of America Corp DE now owns 335,346 shares of the company’s stock worth $11,108,000 after acquiring an additional 230,316 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 75.8% in the 4th quarter. Royal Bank of Canada now owns 394,420 shares of the company’s stock worth $13,371,000 after acquiring an additional 170,030 shares during the last quarter.

About Invesco S&P International Developed Low Volatility ETF

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.