Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Short Interest Up 60.9% in July

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 113,716 shares, a growth of 60.9% from the July 15th total of 70,672 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 131,651 shares, the short-interest ratio is currently 0.9 days.

Invesco S&P International Developed Quality ETF Stock Down 1.1%

NYSEARCA IDHQ traded down $0.52 on Tuesday, reaching $45.17. The company had a trading volume of 145,492 shares, compared to its average volume of 113,155. The stock has a market capitalization of $962.12 million, a PE ratio of 19.13 and a beta of 0.91. Invesco S&P International Developed Quality ETF has a 12 month low of $32.29 and a 12 month high of $45.87. The firm’s 50 day moving average price is $43.56 and its 200 day moving average price is $40.21.

Institutional Investors Weigh In On Invesco S&P International Developed Quality ETF

Several large investors have recently made changes to their positions in IDHQ. JPMorgan Chase & Co. boosted its stake in Invesco S&P International Developed Quality ETF by 149.4% during the second quarter. JPMorgan Chase & Co. now owns 63,728 shares of the company’s stock valued at $2,102,000 after buying an additional 38,178 shares during the last quarter. Raymond James Financial Inc. increased its stake in Invesco S&P International Developed Quality ETF by 12.5% in the 2nd quarter. Raymond James Financial Inc. now owns 271,459 shares of the company’s stock worth $8,953,000 after acquiring an additional 30,215 shares during the last quarter. Jane Street Group LLC increased its stake in Invesco S&P International Developed Quality ETF by 1.0% in the 2nd quarter. Jane Street Group LLC now owns 47,928 shares of the company’s stock worth $1,581,000 after acquiring an additional 495 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco S&P International Developed Quality ETF by 95.4% during the 2nd quarter. Bank of America Corp DE now owns 83,083 shares of the company’s stock worth $2,740,000 after acquiring an additional 40,557 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Invesco S&P International Developed Quality ETF by 4.3% during the 3rd quarter. Private Advisor Group LLC now owns 15,636 shares of the company’s stock worth $526,000 after acquiring an additional 648 shares in the last quarter.

About Invesco S&P International Developed Quality ETF

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.