Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Stock Short Interest Report for October

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,164 shares, a decrease of 40.7% from the September 30th total of 10,393 shares. Based on an average daily trading volume, of 43,816 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

NYSEARCA:DJD traded down $0.08 during trading hours on Friday, reaching $67.80. The stock had a trading volume of 83,154 shares, compared to its average volume of 44,258. The company has a 50 day moving average price of $65.15 and a two-hundred day moving average price of $62.77. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $54.83 and a 52 week high of $68.57. The stock has a market capitalization of $530.20 million, a PE ratio of 17.48 and a beta of 0.69.

Institutional Investors Weigh In On Invesco Dow Jones Industrial Average Dividend ETF

Hedge funds have recently made changes to their positions in the company. SYM FINANCIAL Corp purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter valued at $26,000. First Pacific Financial acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the third quarter worth $33,000. International Assets Investment Management LLC grew its position in Invesco Dow Jones Industrial Average Dividend ETF by 48.8% in the first quarter. International Assets Investment Management LLC now owns 625 shares of the company’s stock worth $37,000 after acquiring an additional 205 shares in the last quarter. Western Wealth Management LLC bought a new position in Invesco Dow Jones Industrial Average Dividend ETF in the first quarter worth $174,000. Finally, Cahill Financial Advisors Inc. acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 2nd quarter valued at $202,000.

About Invesco Dow Jones Industrial Average Dividend ETF

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.