Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Sees Large Drop in Short Interest

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 318 shares, a decline of 88.5% from the November 30th total of 2,771 shares. Based on an average daily volume of 2,208 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,208 shares, the days-to-cover ratio is presently 0.1 days.

Invesco S&P 500 High Dividend Growers ETF Stock Performance

Invesco S&P 500 High Dividend Growers ETF stock traded up $0.18 during midday trading on Thursday, hitting $32.85. 856 shares of the company were exchanged, compared to its average volume of 1,840. The business has a fifty day simple moving average of $32.39 and a two-hundred day simple moving average of $32.10. Invesco S&P 500 High Dividend Growers ETF has a fifty-two week low of $27.25 and a fifty-two week high of $33.17. The firm has a market capitalization of $8.54 million, a PE ratio of 15.30 and a beta of 0.64.

Institutional Investors Weigh In On Invesco S&P 500 High Dividend Growers ETF

A hedge fund recently bought a new stake in Invesco S&P 500 High Dividend Growers ETF stock. Horizon Family Wealth Inc. acquired a new stake in Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 102,380 shares of the company’s stock, valued at approximately $3,185,000. Invesco S&P 500 High Dividend Growers ETF accounts for about 1.9% of Horizon Family Wealth Inc.’s holdings, making the stock its 13th largest position. Horizon Family Wealth Inc. owned approximately 44.51% of Invesco S&P 500 High Dividend Growers ETF at the end of the most recent quarter.

About Invesco S&P 500 High Dividend Growers ETF

The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.