Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Expands By 164.9%

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 20,588 shares, an increase of 164.9% from the June 15th total of 7,773 shares. Based on an average daily trading volume, of 80,167 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PID. Equitable Holdings Inc. boosted its stake in Invesco International Dividend Achievers ETF by 43.9% in the fourth quarter. Equitable Holdings Inc. now owns 727,943 shares of the company’s stock worth $16,015,000 after purchasing an additional 222,002 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Invesco International Dividend Achievers ETF by 1,039.1% in the third quarter. Citadel Advisors LLC now owns 180,090 shares of the company’s stock valued at $3,830,000 after buying an additional 164,280 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Invesco International Dividend Achievers ETF by 2.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,650,734 shares of the company’s stock valued at $36,316,000 after buying an additional 41,871 shares during the last quarter. Bank of America Corp DE lifted its position in Invesco International Dividend Achievers ETF by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 909,313 shares of the company’s stock worth $18,641,000 after buying an additional 38,000 shares in the last quarter. Finally, BCS Wealth Management lifted its position 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 buying an additional 27,349 shares in the last quarter. 46.28% of the stock is owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Trading Up 0.6%

NASDAQ:PID opened at $22.75 on Tuesday. Invesco International Dividend Achievers ETF has a 12-month low of $20.43 and a 12-month high of $23.76. The firm has a market cap of $912.96 million, a price-to-earnings ratio of 15.28 and a beta of 0.70. The company’s 50-day moving average is $22.76 and its two-hundred day moving average is $22.72.

Invesco International Dividend Achievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3129 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.25 annualized dividend and a yield of 5.5%.

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.