Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Short Interest Up 191.7% in June

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGGet Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,607 shares, a growth of 191.7% from the June 15th total of 551 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 716 shares, the short-interest ratio is presently 2.2 days.

Invesco S&P 500 High Dividend Growers ETF Trading Down 0.3%

DIVG traded down $0.10 on Tuesday, hitting $37.20. 1,043 shares of the company’s stock were exchanged, compared to its average volume of 1,462. The stock has a fifty day moving average of $36.14 and a two-hundred day moving average of $35.08. Invesco S&P 500 High Dividend Growers ETF has a twelve month low of $31.34 and a twelve month high of $37.39. The firm has a market cap of $10.79 million, a PE ratio of 15.30 and a beta of 0.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Horizon Family Wealth Inc. boosted its holdings in shares of Invesco S&P 500 High Dividend Growers ETF by 4.8% during the fourth quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock valued at $3,519,000 after acquiring an additional 4,891 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Growers ETF in the 4th quarter worth about $831,000. Virtu Financial LLC lifted its position in Invesco S&P 500 High Dividend Growers ETF by 36.4% in the 4th quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock valued at $294,000 after purchasing an additional 2,399 shares during the last quarter. Finally, Ascentis Independent Advisors bought a new stake in Invesco S&P 500 High Dividend Growers ETF in the 1st quarter valued at about $61,000.

About Invesco S&P 500 High Dividend Growers ETF

(Get Free Report)

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.

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