Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Shares Shorted: Short Interest Down 87.0% in October

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 362 shares, a decrease of 87.0% from the October 15th total of 2,774 shares. Based on an average daily volume of 1,381 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Invesco Bloomberg Financial Data Providers ETF Price Performance

Shares of FDIQ traded down $0.41 during trading hours on Thursday, reaching $76.91. 1,005 shares of the company’s stock traded hands, compared to its average volume of 3,866. The firm has a market capitalization of $43.84 million, a price-to-earnings ratio of 25.86 and a beta of 0.83. Invesco Bloomberg Financial Data Providers ETF has a twelve month low of $56.00 and a twelve month high of $78.16. The business’s fifty day simple moving average is $72.29 and its two-hundred day simple moving average is $70.75.

Invesco Bloomberg Financial Data Providers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a $0.3652 dividend. The ex-dividend date was Monday, September 21st. This represents a $1.46 dividend on an annualized basis and a yield of 1.9%. This is a boost from Invesco Bloomberg Financial Data Providers ETF’s previous quarterly dividend of $0.2232.

About Invesco Bloomberg Financial Data Providers ETF

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security. The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.