Short Interest in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Declines By 44.0%

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 3,168 shares, a drop of 44.0% from the April 15th total of 5,660 shares. Based on an average daily volume of 31,715 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Invesco Dow Jones Industrial Average Dividend ETF Trading Down 0.4%

NYSEARCA DJD traded down $0.24 during mid-day trading on Friday, hitting $60.78. The company’s stock had a trading volume of 18,115 shares, compared to its average volume of 47,261. The company’s 50 day simple moving average is $60.14 and its 200 day simple moving average is $59.11. Invesco Dow Jones Industrial Average Dividend ETF has a twelve month low of $50.89 and a twelve month high of $62.81. The firm has a market capitalization of $454.03 million, a price-to-earnings ratio of 17.48 and a beta of 0.69.

Institutional Trading of Invesco Dow Jones Industrial Average Dividend ETF

Hedge funds have recently bought and sold shares of the business. Blair William & Co. IL acquired a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter valued at $26,000. International Assets Investment Management LLC boosted its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 48.8% during the 1st quarter. International Assets Investment Management LLC now owns 625 shares of the company’s stock worth $37,000 after acquiring an additional 205 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth $45,000. Cherry Tree Wealth Management LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth $63,000. Finally, Ankerstar Wealth LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth $69,000.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.