Short Interest in Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Decreases By 66.1%

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGGet Free Report) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 551 shares, a decrease of 66.1% from the May 31st total of 1,623 shares. Based on an average daily trading volume, of 1,912 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Invesco S&P 500 High Dividend Growers ETF Price Performance

DIVG stock traded down $0.10 during midday trading on Monday, hitting $36.61. 154 shares of the stock traded hands, compared to its average volume of 1,278. Invesco S&P 500 High Dividend Growers ETF has a 1-year low of $30.92 and a 1-year high of $36.99. The stock’s fifty day simple moving average is $35.81 and its 200-day simple moving average is $34.74. The firm has a market cap of $10.62 million, a P/E ratio of 15.30 and a beta of 0.47.

Hedge Funds Weigh In On Invesco S&P 500 High Dividend Growers ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Kingsview Wealth Management LLC acquired a new position in Invesco S&P 500 High Dividend Growers ETF in the 4th quarter worth about $831,000. Horizon Family Wealth Inc. increased its position in shares of Invesco S&P 500 High Dividend Growers ETF by 4.8% in the fourth quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock valued at $3,519,000 after buying an additional 4,891 shares in the last quarter. Virtu Financial LLC increased its position in shares of Invesco S&P 500 High Dividend Growers ETF by 36.4% in the fourth quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock valued at $294,000 after buying an additional 2,399 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in shares of Invesco S&P 500 High Dividend Growers ETF in the first quarter valued at approximately $61,000.

Invesco S&P 500 High Dividend Growers ETF Company Profile

(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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