Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Stock Short Interest Falls 87.0%

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ – Get Free Report) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 362 shares, a drop of 87.0% from the October 15th total of 2,774 shares. Based on an average daily volume of 1,381 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Invesco Bloomberg Financial Data Providers ETF Price Performance

Shares of NASDAQ:FDIQ traded down $0.05 during trading on Wednesday, hitting $76.77. 238 shares of the company were exchanged, compared to its average volume of 3,873. The stock has a market capitalization of $43.76 million, a P/E ratio of 25.86 and a beta of 0.83. Invesco Bloomberg Financial Data Providers ETF has a 12-month low of $56.00 and a 12-month high of $78.16. The firm’s 50 day moving average price is $72.24 and its 200-day moving average price is $70.68.

Invesco Bloomberg Financial Data Providers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.3652 per share. The ex-dividend date of this dividend was Monday, September 21st. This is a positive change from Invesco Bloomberg Financial Data Providers ETF’s previous quarterly dividend of $0.2232. This represents a $1.46 annualized dividend and a dividend yield of 1.9%.

About Invesco Bloomberg Financial Data Providers ETF

(Get Free Report)

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.

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