Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Short Interest Update

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 24,711 shares, an increase of 192.0% from the June 15th total of 8,463 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 45,803 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Invesco Dow Jones Industrial Average Dividend ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. David Kennon Inc acquired a new stake in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at $11,774,000. Storen Legacy Partners LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the fourth quarter worth about $532,000. World Investment Advisors acquired a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter worth about $2,136,000. MRA Advisory Group grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 5.6% in the 4th quarter. MRA Advisory Group now owns 247,212 shares of the company’s stock valued at $14,126,000 after buying an additional 13,053 shares during the period. Finally, Kestra Advisory Services LLC increased its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF by 5.7% during the 1st quarter. Kestra Advisory Services LLC now owns 39,712 shares of the company’s stock valued at $2,372,000 after acquiring an additional 2,157 shares during the last quarter.

Invesco Dow Jones Industrial Average Dividend ETF Price Performance

Invesco Dow Jones Industrial Average Dividend ETF stock traded down $0.65 during trading hours on Tuesday, hitting $63.87. The stock had a trading volume of 66,822 shares, compared to its average volume of 44,422. The stock has a market capitalization of $472.00 million, a price-to-earnings ratio of 17.48 and a beta of 0.69. Invesco Dow Jones Industrial Average Dividend ETF has a 1-year low of $52.67 and a 1-year high of $65.27. The stock’s fifty day moving average is $62.76 and its two-hundred day moving average is $61.02.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.