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

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 71,500 shares, agrowthof36.2% from the July 31st total of 52,500 shares. Based on an average daily volume of 74,800 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 74,800 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PID. Equitable Holdings Inc. increased its position in shares of Invesco International Dividend Achievers ETF by 11.6% during the second quarter. Equitable Holdings Inc. now owns 452,396 shares of the company’s stock worth $9,274,000 after acquiring an additional 46,891 shares in the last quarter. Lantern Wealth Advisors LLC purchased a new stake in shares of Invesco International Dividend Achievers ETF during the 2nd quarter valued at about $205,000. Modern Wealth Management LLC bought a new position in Invesco International Dividend Achievers ETF in the 2nd quarter worth approximately $20,666,000. Freedom Financial Partners LLC increased its stake in Invesco International Dividend Achievers ETF by 1.0% in the second quarter. Freedom Financial Partners LLC now owns 51,884 shares of the company’s stock worth $1,064,000 after purchasing an additional 539 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in Invesco International Dividend Achievers ETF in the second quarter valued at about $155,000. 46.28% of the stock is owned by institutional investors.

Invesco International Dividend Achievers ETF Price Performance

Shares of PID traded down $0.05 during midday trading on Monday, reaching $21.12. 21,716 shares of the stock were exchanged, compared to its average volume of 94,241. Invesco International Dividend Achievers ETF has a twelve month low of $17.31 and a twelve month high of $21.56. The business’s 50-day moving average price is $20.94 and its 200 day moving average price is $20.04. The company has a market capitalization of $867.19 million, a price-to-earnings ratio of 15.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a $0.2637 dividend. This is a boost from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 23rd. This represents a $1.05 annualized dividend and a yield of 5.0%.

About Invesco International Dividend Achievers ETF

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.