Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Update

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 73,905 shares, a growth of 71.1% from the August 31st total of 43,183 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 74,475 shares, the short-interest ratio is currently 1.0 days.

Invesco International Dividend Achievers ETF Trading Down 0.6%

Shares of PID opened at $21.25 on Friday. The stock has a market capitalization of $842.99 million, a P/E ratio of 15.28 and a beta of 0.70. The firm’s fifty day simple moving average is $22.63 and its two-hundred day simple moving average is $22.65. Invesco International Dividend Achievers ETF has a 12 month low of $21.03 and a 12 month high of $23.76.

Invesco International Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a $0.1542 dividend. This represents a $0.62 annualized dividend and a yield of 2.9%. This is a drop from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.3129. The ex-dividend date of this dividend was Monday, September 21st.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Evelyn Partners Asset Management Ltd bought a new position in shares of Invesco International Dividend Achievers ETF during the 4th quarter worth about $31,000. Community Financial Services Group LLC bought a new stake in Invesco International Dividend Achievers ETF in the 2nd quarter valued at about $67,000. Integrated Wealth Concepts LLC bought a new stake in Invesco International Dividend Achievers ETF in the 2nd quarter valued at about $83,000. Geneos Wealth Management Inc. raised its stake in Invesco International Dividend Achievers ETF by 68.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,290 shares of the company’s stock worth $184,000 after buying an additional 3,371 shares during the period. Finally, Calton & Associates Inc. boosted its holdings in Invesco International Dividend Achievers ETF by 4.5% in the fourth quarter. Calton & Associates Inc. now owns 13,588 shares of the company’s stock worth $299,000 after acquiring an additional 587 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.