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 recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 34,366 shares, a growth of 457.5% from the October 15th total of 6,164 shares. Based on an average daily volume of 44,296 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the company are sold short.

Invesco Dow Jones Industrial Average Dividend ETF Price Performance

Invesco Dow Jones Industrial Average Dividend ETF stock traded down $0.22 during midday trading on Thursday, reaching $68.29. 30,862 shares of the company traded hands, compared to its average volume of 45,813. Invesco Dow Jones Industrial Average Dividend ETF has a 12 month low of $55.74 and a 12 month high of $70.19. The business has a 50 day moving average of $65.51 and a two-hundred day moving average of $63.20. The firm has a market capitalization of $543.59 million, a price-to-earnings ratio of 21.86 and a beta of 0.70.

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

Large investors have recently made changes to their positions in the company. Private Advisor Group LLC bought a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter worth approximately $1,449,000. Bogart Wealth LLC grew its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 46.7% during the 3rd quarter. Bogart Wealth LLC now owns 971 shares of the company’s stock valued at $61,000 after acquiring an additional 309 shares during the period. Cibc World Market Inc. purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter worth $29,340,000. HighTower Advisors LLC bought a new position in Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter worth $1,214,000. Finally, Harbour Investments Inc. purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the third quarter valued at $633,000.

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.