Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Stock Short Interest Declines 78.9%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,120 shares, a drop of 78.9% from the August 31st total of 14,805 shares. Based on an average daily volume of 20,764 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Invesco S&P International Developed Low Volatility ETF Stock Performance

Shares of IDLV stock traded up $0.17 on Friday, reaching $34.80. 20,824 shares of the company were exchanged, compared to its average volume of 39,185. Invesco S&P International Developed Low Volatility ETF has a 1 year low of $32.50 and a 1 year high of $36.97. The business has a 50-day moving average price of $35.83 and a 200 day moving average price of $35.26. The company has a market cap of $325.38 million, a price-to-earnings ratio of 17.78 and a beta of 0.49.

Institutional Investors Weigh In On Invesco S&P International Developed Low Volatility ETF

Large investors have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in shares of Invesco S&P International Developed Low Volatility ETF during the first quarter valued at approximately $37,000. Main Street Group LTD acquired a new stake in shares of Invesco S&P International Developed Low Volatility ETF in the first quarter worth approximately $75,000. Compass Financial Management LLC purchased a new stake in shares of Invesco S&P International Developed Low Volatility ETF during the second quarter worth approximately $126,000. Arkadios Wealth Advisors purchased a new stake in shares of Invesco S&P International Developed Low Volatility ETF during the first quarter worth approximately $384,000. Finally, Janney Montgomery Scott LLC raised its stake in Invesco S&P International Developed Low Volatility ETF by 53.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 11,218 shares of the company’s stock valued at $387,000 after purchasing an additional 3,913 shares during the last quarter.

Invesco S&P International Developed Low Volatility ETF Company Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.