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

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 16,359 shares, a drop of 90.7% from the April 15th total of 175,010 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 207,258 shares, the days-to-cover ratio is presently 0.1 days.

Invesco International Dividend Achievers ETF Price Performance

NASDAQ:PID traded down $0.11 during mid-day trading on Wednesday, reaching $22.79. The stock had a trading volume of 31,608 shares, compared to its average volume of 101,141. The stock has a 50-day simple moving average of $22.61 and a two-hundred day simple moving average of $22.41. The stock has a market capitalization of $912.51 million, a PE ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 12 month low of $19.70 and a 12 month high of $23.76.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.1976 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a boost from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12. This represents a $0.79 dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Trading of Invesco International Dividend Achievers ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake in Invesco International Dividend Achievers ETF by 20.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock valued at $63,000 after purchasing an additional 485 shares in the last quarter. Breakwater Capital Group increased its stake in Invesco International Dividend Achievers ETF by 1.2% in the first quarter. Breakwater Capital Group now owns 40,981 shares of the company’s stock valued at $912,000 after purchasing an additional 487 shares in the last quarter. Eagle Strategies LLC increased its stake in Invesco International Dividend Achievers ETF by 1.3% in the fourth quarter. Eagle Strategies LLC now owns 38,999 shares of the company’s stock valued at $858,000 after purchasing an additional 498 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in Invesco International Dividend Achievers ETF by 3.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 16,379 shares of the company’s stock valued at $360,000 after purchasing an additional 500 shares in the last quarter. Finally, Freedom Financial Partners LLC increased its stake in Invesco International Dividend Achievers ETF by 1.0% in the fourth quarter. Freedom Financial Partners LLC now owns 54,414 shares of the company’s stock valued at $1,197,000 after purchasing an additional 552 shares in the last quarter. Institutional investors own 46.28% of the company’s stock.

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.