Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Stock Short Interest Rises 150.9%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 7,828 shares, a growth of 150.9% from the September 15th total of 3,120 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,920 shares, the short-interest ratio is presently 0.6 days.

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

A number of large investors have recently added to or reduced their stakes in IDLV. Bank of New York Mellon Corp increased its holdings in Invesco S&P International Developed Low Volatility ETF by 46.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after acquiring an additional 483,277 shares in the last quarter. Whitaker Myers Wealth Managers LTD. raised its position in Invesco S&P International Developed Low Volatility ETF by 12.5% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 511,114 shares of the company’s stock worth $17,630,000 after acquiring an additional 56,755 shares during the last quarter. Heck Capital Advisors LLC raised its position in Invesco S&P International Developed Low Volatility ETF by 1.3% during the second quarter. Heck Capital Advisors LLC now owns 212,517 shares of the company’s stock worth $7,330,000 after acquiring an additional 2,663 shares during the last quarter. Bell Investment Advisors Inc raised its position in Invesco S&P International Developed Low Volatility ETF by 4.6% during the first quarter. Bell Investment Advisors Inc now owns 202,901 shares of the company’s stock worth $6,991,000 after acquiring an additional 9,006 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Invesco S&P International Developed Low Volatility ETF by 11.9% in the first quarter. Bank of America Corp DE now owns 133,656 shares of the company’s stock valued at $4,605,000 after purchasing an additional 14,187 shares in the last quarter.

Invesco S&P International Developed Low Volatility ETF Trading Down 0.3%

Shares of IDLV stock traded down $0.12 during mid-day trading on Wednesday, reaching $34.38. The stock had a trading volume of 11,376 shares, compared to its average volume of 37,994. Invesco S&P International Developed Low Volatility ETF has a 12-month low of $32.50 and a 12-month high of $36.97. The company has a market cap of $321.45 million, a P/E ratio of 17.78 and a beta of 0.49. The business has a 50-day simple moving average of $35.40 and a 200 day simple moving average of $35.22.

About Invesco S&P International Developed Low Volatility ETF

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.