Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Up 185.3% in July

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 58,745 shares, an increase of 185.3% from the June 30th total of 20,588 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 109,032 shares, the days-to-cover ratio is currently 0.5 days.

Invesco International Dividend Achievers ETF Stock Performance

Shares of PID stock traded up $0.32 on Tuesday, hitting $23.39. The company’s stock had a trading volume of 53,866 shares, compared to its average volume of 89,934. Invesco International Dividend Achievers ETF has a fifty-two week low of $20.43 and a fifty-two week high of $23.76. The company has a market capitalization of $932.09 million, a PE ratio of 15.28 and a beta of 0.70. The stock’s 50 day moving average is $22.77 and its 200-day moving average is $22.77.

Invesco International Dividend Achievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.3129 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Monday, June 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PID. BCS Wealth Management increased its stake in Invesco International Dividend Achievers ETF by 100.0% during the 4th quarter. BCS Wealth Management now owns 54,698 shares of the company’s stock worth $1,203,000 after acquiring an additional 27,349 shares during the period. Continuum Advisory LLC lifted its position in shares of Invesco International Dividend Achievers ETF by 7.2% during the 4th quarter. Continuum Advisory LLC now owns 105,465 shares of the company’s stock valued at $2,320,000 after acquiring an additional 7,128 shares during the period. Calton & Associates Inc. lifted its position in shares of Invesco International Dividend Achievers ETF by 4.5% during the 4th quarter. Calton & Associates Inc. now owns 13,588 shares of the company’s stock valued at $299,000 after acquiring an additional 587 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco International Dividend Achievers ETF by 0.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 269,716 shares of the company’s stock worth $5,934,000 after purchasing an additional 1,648 shares in the last quarter. Finally, One Wealth Map LLC grew its holdings in shares of Invesco International Dividend Achievers ETF by 10.0% during the 4th quarter. One Wealth Map LLC now owns 88,129 shares of the company’s stock worth $2,003,000 after purchasing an additional 8,043 shares in the last quarter. 46.28% of the stock is owned by institutional investors.

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.