Invesco International Dividend Achievers ETF (NASDAQ:PID) Stock Short Interest Falls 44.9%

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 40,712 shares, a drop of 44.9% from the September 15th total of 73,905 shares. Based on an average daily trading volume, of 72,450 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of Invesco International Dividend Achievers ETF

Several large investors have recently added to or reduced their stakes in the company. Eagle Strategies LLC grew its holdings in shares of Invesco International Dividend Achievers ETF by 34.5% during the third quarter. Eagle Strategies LLC now owns 44,241 shares of the company’s stock valued at $946,000 after buying an additional 11,360 shares in the last quarter. Mosley Wealth Management raised its position in Invesco International Dividend Achievers ETF by 8.8% during the third quarter. Mosley Wealth Management now owns 47,291 shares of the company’s stock valued at $1,049,000 after buying an additional 3,824 shares during the period. Community Financial Services Group LLC purchased a new stake in Invesco International Dividend Achievers ETF in the 3rd quarter worth about $64,000. Mather Group LLC. purchased a new stake in Invesco International Dividend Achievers ETF in the 3rd quarter worth about $49,000. Finally, Focus Financial Network Inc. lifted its stake in Invesco International Dividend Achievers ETF by 0.8% in the 3rd quarter. Focus Financial Network Inc. now owns 187,204 shares of the company’s stock worth $4,001,000 after acquiring an additional 1,548 shares in the last quarter. 46.28% of the stock is owned by institutional investors and hedge funds.

Invesco International Dividend Achievers ETF Stock Up 0.2%

Shares of PID stock traded up $0.05 during trading hours on Friday, reaching $22.24. 42,324 shares of the stock traded hands, compared to its average volume of 82,269. Invesco International Dividend Achievers ETF has a 1-year low of $21.17 and a 1-year high of $23.76. The business has a fifty day moving average price of $22.33 and a 200 day moving average price of $22.62. The firm has a market capitalization of $878.70 million, a PE ratio of 15.28 and a beta of 0.71.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.1542 per share. This represents a $0.62 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.3129.

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.