Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Significant Drop in Short Interest

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 3,200 shares, a decrease of 60.5% from the January 15th total of 8,100 shares. Based on an average daily volume of 103,200 shares, the days-to-cover ratio is currently 0.0 days.

Invesco International Dividend Achievers ETF Stock Down 0.6 %

Shares of Invesco International Dividend Achievers ETF stock opened at $19.19 on Friday. Invesco International Dividend Achievers ETF has a 12-month low of $17.28 and a 12-month high of $19.99. The company has a market capitalization of $844.36 million, a price-to-earnings ratio of 19.28 and a beta of 0.94. The firm’s 50-day moving average price is $18.71 and its two-hundred day moving average price is $19.14.

Invesco International Dividend Achievers ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0926 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Capital Analysts LLC raised its stake in Invesco International Dividend Achievers ETF by 16.5% during the fourth quarter. Capital Analysts LLC now owns 23,712 shares of the company’s stock worth $434,000 after acquiring an additional 3,355 shares in the last quarter. Cheviot Value Management LLC grew its stake in shares of Invesco International Dividend Achievers ETF by 28.5% during the fourth quarter. Cheviot Value Management LLC now owns 85,037 shares of the company’s stock worth $1,557,000 after buying an additional 18,848 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of Invesco International Dividend Achievers ETF by 2.0% during the fourth quarter. MML Investors Services LLC now owns 240,162 shares of the company’s stock worth $4,397,000 after buying an additional 4,772 shares in the last quarter. Mariner LLC boosted its stake in shares of Invesco International Dividend Achievers ETF by 4.5% during the fourth quarter. Mariner LLC now owns 124,589 shares of the company’s stock valued at $2,281,000 after purchasing an additional 5,398 shares in the last quarter. Finally, Townsquare Capital LLC grew its holdings in Invesco International Dividend Achievers ETF by 2.9% during the 4th quarter. Townsquare Capital LLC now owns 29,926 shares of the company’s stock worth $548,000 after acquiring an additional 844 shares during the last quarter. 46.28% of the stock is owned by institutional investors.

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.