Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Expands By 164.9%

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 20,588 shares, an increase of 164.9% from the June 15th total of 7,773 shares. Based on an average daily volume of 80,167 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Invesco International Dividend Achievers ETF Stock Up 0.4%

Shares of NASDAQ PID traded up $0.08 on Wednesday, hitting $22.81. The company had a trading volume of 21,560 shares, compared to its average volume of 92,510. The firm has a market capitalization of $908.98 million, a P/E ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 12-month low of $20.43 and a 12-month high of $23.76. The business has a 50 day moving average of $22.76 and a two-hundred day moving average of $22.72.

Invesco International Dividend Achievers ETF Announces Dividend

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

Institutional Trading of Invesco International Dividend Achievers ETF

A number of hedge funds have recently made changes to their positions in PID. Equitable Holdings Inc. increased its position in shares of Invesco International Dividend Achievers ETF by 43.9% during the 4th quarter. Equitable Holdings Inc. now owns 727,943 shares of the company’s stock valued at $16,015,000 after purchasing an additional 222,002 shares during the period. Citadel Advisors LLC raised its holdings in Invesco International Dividend Achievers ETF by 1,039.1% during the 3rd quarter. Citadel Advisors LLC now owns 180,090 shares of the company’s stock worth $3,830,000 after buying an additional 164,280 shares during the period. Wells Fargo & Company MN lifted its position in shares of Invesco International Dividend Achievers ETF by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,650,734 shares of the company’s stock valued at $36,316,000 after acquiring an additional 41,871 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco International Dividend Achievers ETF by 4.4% in the second quarter. Bank of America Corp DE now owns 909,313 shares of the company’s stock valued at $18,641,000 after purchasing an additional 38,000 shares in the last quarter. Finally, BCS Wealth Management lifted its stake in Invesco International Dividend Achievers ETF by 100.0% in the 4th quarter. BCS Wealth Management now owns 54,698 shares of the company’s stock worth $1,203,000 after acquiring an additional 27,349 shares in the last quarter. Institutional investors and hedge funds own 46.28% of the company’s stock.

About Invesco International Dividend Achievers ETF

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.