Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Up 185.3% in July

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 58,745 shares, an increase of 185.3% from the June 30th total of 20,588 shares. Based on an average daily trading volume, of 109,032 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its position in Invesco International Dividend Achievers ETF by 20.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock worth $63,000 after purchasing an additional 485 shares during the period. Breakwater Capital Group raised its position in shares of Invesco International Dividend Achievers ETF by 1.2% in the 1st quarter. Breakwater Capital Group now owns 40,981 shares of the company’s stock valued at $912,000 after buying an additional 487 shares in the last quarter. Eagle Strategies LLC lifted its holdings in shares of Invesco International Dividend Achievers ETF by 1.3% during the 4th quarter. Eagle Strategies LLC now owns 38,999 shares of the company’s stock worth $858,000 after acquiring an additional 498 shares during the period. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Invesco International Dividend Achievers ETF by 3.1% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 16,379 shares of the company’s stock worth $360,000 after acquiring an additional 500 shares during the period. Finally, CWM LLC boosted its position in shares of Invesco International Dividend Achievers ETF by 20.5% during the 4th quarter. CWM LLC now owns 3,386 shares of the company’s stock worth $74,000 after acquiring an additional 576 shares in the last quarter. Institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Trading Up 1.4%

Shares of PID stock opened at $23.39 on Wednesday. The stock has a market cap of $932.09 million, a P/E ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 1 year low of $20.43 and a 1 year high of $23.76. The stock has a 50 day simple moving average of $22.78 and a 200 day simple moving average of $22.78.

Invesco International Dividend Achievers ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.3129 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Monday, June 22nd.

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.