Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Up 20.7% in February

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 8,667 shares, an increase of 20.7% from the January 29th total of 7,183 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 144,880 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 144,880 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PID. Evelyn Partners Asset Management Ltd purchased a new stake in Invesco International Dividend Achievers ETF during the 4th quarter valued at approximately $31,000. Ameriflex Group Inc. purchased a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter worth approximately $31,000. Camelot Portfolios LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter worth $33,000. Steward Partners Investment Advisory LLC grew its position in Invesco International Dividend Achievers ETF by 40.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,856 shares of the company’s stock valued at $38,000 after buying an additional 531 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in Invesco International Dividend Achievers ETF in the 4th quarter valued at $43,000. 46.28% of the stock is owned by institutional investors and hedge funds.

Invesco International Dividend Achievers ETF Stock Performance

Shares of NASDAQ:PID traded down $0.30 during trading hours on Thursday, reaching $23.01. The stock had a trading volume of 12,977 shares, compared to its average volume of 93,162. Invesco International Dividend Achievers ETF has a 1 year low of $17.31 and a 1 year high of $23.76. The firm’s 50 day moving average is $22.83 and its 200-day moving average is $21.97. The stock has a market capitalization of $930.29 million, a price-to-earnings ratio of 15.28 and a beta of 0.81.

Invesco International Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.1185 dividend. This represents a $0.47 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco International Dividend Achievers ETF

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.