Invesco International Dividend Achievers ETF (NASDAQ:PID) Sees Significant Drop in Short Interest

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 3,200 shares, a decrease of 60.5% from the January 15th total of 8,100 shares. Based on an average daily volume of 103,200 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its holdings in Invesco International Dividend Achievers ETF by 0.3% in the fourth quarter. HighTower Advisors LLC now owns 189,412 shares of the company’s stock worth $3,468,000 after acquiring an additional 563 shares in the last quarter. Drive Wealth Management LLC raised its position in shares of Invesco International Dividend Achievers ETF by 2.9% during the fourth quarter. Drive Wealth Management LLC now owns 29,926 shares of the company’s stock worth $548,000 after purchasing an additional 844 shares during the period. Townsquare Capital LLC lifted its holdings in shares of Invesco International Dividend Achievers ETF by 2.9% in the 4th quarter. Townsquare Capital LLC now owns 29,926 shares of the company’s stock worth $548,000 after purchasing an additional 844 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Invesco International Dividend Achievers ETF by 8.8% in the 3rd quarter. Captrust Financial Advisors now owns 12,079 shares of the company’s stock worth $239,000 after purchasing an additional 981 shares in the last quarter. Finally, Accel Wealth Management grew its position in Invesco International Dividend Achievers ETF by 1.6% in the 4th quarter. Accel Wealth Management now owns 62,422 shares of the company’s stock valued at $1,143,000 after purchasing an additional 1,003 shares during the period. 46.28% of the stock is owned by institutional investors.

Invesco International Dividend Achievers ETF Stock Performance

Shares of PID stock opened at $19.19 on Friday. The company has a market cap of $844.36 million, a P/E ratio of 19.28 and a beta of 0.94. Invesco International Dividend Achievers ETF has a fifty-two week low of $17.28 and a fifty-two week high of $19.99. The stock has a 50 day simple moving average of $18.71 and a two-hundred day simple moving average of $19.14.

Invesco International Dividend Achievers ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0926 per share. The ex-dividend date was Monday, December 23rd.

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.