Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Drops By 20.6%

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 14,300 shares, a drop of 20.6% from the February 28th total of 18,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 128,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco International Dividend Achievers ETF

Institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $5,694,000. FMR LLC boosted its position in shares of Invesco International Dividend Achievers ETF by 50.7% in the 3rd quarter. FMR LLC now owns 6,806 shares of the company’s stock worth $135,000 after buying an additional 2,291 shares in the last quarter. Captrust Financial Advisors grew its stake in Invesco International Dividend Achievers ETF by 8.8% in the 3rd quarter. Captrust Financial Advisors now owns 12,079 shares of the company’s stock valued at $239,000 after acquiring an additional 981 shares during the last quarter. Townsquare Capital LLC purchased a new position in Invesco International Dividend Achievers ETF during the 3rd quarter valued at about $575,000. Finally, Stephens Inc. AR raised its position in Invesco International Dividend Achievers ETF by 12.3% during the fourth quarter. Stephens Inc. AR now owns 13,517 shares of the company’s stock worth $247,000 after acquiring an additional 1,483 shares during the last quarter. Hedge funds and other institutional investors own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Stock Down 0.8 %

NASDAQ:PID opened at $19.07 on Monday. Invesco International Dividend Achievers ETF has a fifty-two week low of $17.28 and a fifty-two week high of $19.99. The firm’s fifty day simple moving average is $19.09 and its 200-day simple moving average is $19.14. The stock has a market cap of $839.08 million, a PE ratio of 18.94 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.1665 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco International Dividend Achievers ETF’s previous dividend of $0.09.

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.