Short Interest in Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Decreases By 63.2%

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 700 shares, a decrease of 63.2% from the August 15th total of 1,900 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of Invesco S&P 500 High Dividend Growers ETF

A number of institutional investors have recently bought and sold shares of the company. Coppell Advisory Solutions LLC bought a new position in shares of Invesco S&P 500 High Dividend Growers ETF during the 2nd quarter worth about $382,000. Virtu Financial LLC boosted its position in shares of Invesco S&P 500 High Dividend Growers ETF by 99.5% during the 1st quarter. Virtu Financial LLC now owns 13,382 shares of the company’s stock worth $420,000 after purchasing an additional 6,673 shares in the last quarter. Finally, Horizon Family Wealth Inc. bought a new position in shares of Invesco S&P 500 High Dividend Growers ETF during the 2nd quarter worth about $3,185,000.

Invesco S&P 500 High Dividend Growers ETF Trading Down 0.4%

Shares of DIVG opened at $32.46 on Monday. The stock has a market capitalization of $7.47 million, a P/E ratio of 15.30 and a beta of 0.64. The firm’s fifty day simple moving average is $32.04 and its two-hundred day simple moving average is $30.97. Invesco S&P 500 High Dividend Growers ETF has a 12 month low of $27.25 and a 12 month high of $32.90.

About Invesco S&P 500 High Dividend Growers ETF

The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.