Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Short Interest Update

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 8,906 shares, a growth of 398.4% from the August 31st total of 1,787 shares. Based on an average daily trading volume, of 2,222 shares, the short-interest ratio is currently 4.0 days. Approximately 1.6% of the company’s shares are sold short.

Invesco Bloomberg Financial Data Providers ETF Stock Down 0.9%

FDIQ stock opened at $69.85 on Friday. The firm has a market cap of $39.82 million, a price-to-earnings ratio of 13.81 and a beta of 0.78. The company’s fifty day simple moving average is $72.54 and its 200 day simple moving average is $70.58. Invesco Bloomberg Financial Data Providers ETF has a 12-month low of $55.60 and a 12-month high of $76.68.

Invesco Bloomberg Financial Data Providers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 21st will be given a $0.3652 dividend. This is a boost from Invesco Bloomberg Financial Data Providers ETF’s previous quarterly dividend of $0.2232. The ex-dividend date of this dividend is Monday, September 21st. This represents a $1.46 annualized dividend and a dividend yield of 2.1%.

Institutional Investors Weigh In On Invesco Bloomberg Financial Data Providers ETF

A hedge fund recently bought a new stake in Invesco Bloomberg Financial Data Providers ETF stock. Cherry Tree Wealth Management LLC bought a new position in Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 500 shares of the company’s stock, valued at approximately $31,000. Cherry Tree Wealth Management LLC owned approximately 0.06% of Invesco Bloomberg Financial Data Providers ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Invesco Bloomberg Financial Data Providers ETF Company Profile

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security.

The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.