Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Stock Short Interest Climbs 150.9%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 7,828 shares, a growth of 150.9% from the September 15th total of 3,120 shares. Based on an average daily volume of 12,920 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco S&P International Developed Low Volatility ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IDLV. Fifth Third Bancorp acquired a new stake in Invesco S&P International Developed Low Volatility ETF in the first quarter valued at approximately $37,000. Main Street Group LTD bought a new stake in Invesco S&P International Developed Low Volatility ETF in the first quarter worth approximately $75,000. Compass Financial Management LLC acquired a new position in shares of Invesco S&P International Developed Low Volatility ETF during the 2nd quarter worth $126,000. Arkadios Wealth Advisors acquired a new position in shares of Invesco S&P International Developed Low Volatility ETF during the 1st quarter worth $384,000. Finally, Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P International Developed Low Volatility ETF by 53.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,218 shares of the company’s stock worth $387,000 after purchasing an additional 3,913 shares during the last quarter.

Invesco S&P International Developed Low Volatility ETF Stock Performance

Shares of Invesco S&P International Developed Low Volatility ETF stock traded down $0.03 during trading on Monday, hitting $34.12. 16,568 shares of the stock traded hands, compared to its average volume of 38,273. The stock has a market cap of $319.02 million, a P/E ratio of 17.78 and a beta of 0.49. Invesco S&P International Developed Low Volatility ETF has a twelve month low of $32.50 and a twelve month high of $36.97. The company has a fifty day moving average price of $35.50 and a two-hundred day moving average price of $35.21.

Invesco S&P International Developed Low Volatility ETF Company Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.