Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Up 185.3% in July

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 58,745 shares, an increase of 185.3% from the June 30th total of 20,588 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 109,032 shares, the days-to-cover ratio is currently 0.5 days.

Invesco International Dividend Achievers ETF Price Performance

PID traded up $0.17 during trading on Monday, reaching $23.08. 30,015 shares of the stock were exchanged, compared to its average volume of 90,096. The company has a market capitalization of $919.74 million, a price-to-earnings ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 1 year low of $20.43 and a 1 year high of $23.76. The business’s 50 day moving average price is $22.77 and its two-hundred day moving average price is $22.77.

Invesco International Dividend Achievers ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.3129 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Monday, June 22nd.

Hedge Funds Weigh In On Invesco International Dividend Achievers ETF

Hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco International Dividend Achievers ETF by 20.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,875 shares of the company’s stock valued at $63,000 after purchasing an additional 485 shares in the last quarter. Breakwater Capital Group increased its position in Invesco International Dividend Achievers ETF by 1.2% during the first quarter. Breakwater Capital Group now owns 40,981 shares of the company’s stock worth $912,000 after buying an additional 487 shares in the last quarter. Eagle Strategies LLC increased its position in Invesco International Dividend Achievers ETF by 1.3% during the fourth quarter. Eagle Strategies LLC now owns 38,999 shares of the company’s stock worth $858,000 after buying an additional 498 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its holdings in shares of Invesco International Dividend Achievers ETF by 3.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 16,379 shares of the company’s stock worth $360,000 after acquiring an additional 500 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Invesco International Dividend Achievers ETF by 20.5% in the fourth quarter. CWM LLC now owns 3,386 shares of the company’s stock valued at $74,000 after acquiring an additional 576 shares in the last quarter. 46.28% of the stock is currently owned by hedge funds and other 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.