Invesco International Dividend Achievers ETF (NASDAQ:PID) Short Interest Update

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 6,437 shares, a decline of 60.7% from the April 30th total of 16,359 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 38,896 shares, the days-to-cover ratio is presently 0.2 days.

Invesco International Dividend Achievers ETF Price Performance

NASDAQ:PID opened at $23.12 on Friday. The business has a 50 day moving average of $22.66 and a 200 day moving average of $22.53. The company has a market capitalization of $925.72 million, a price-to-earnings ratio of 15.28 and a beta of 0.70. Invesco International Dividend Achievers ETF has a 1-year low of $20.06 and a 1-year high of $23.76.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.1976 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12.

Institutional Trading of Invesco International Dividend Achievers ETF

A number of hedge funds have recently bought and sold shares of PID. Jane Street Group LLC bought a new stake in Invesco International Dividend Achievers ETF in the 1st quarter worth approximately $229,000. Raymond James Financial Inc. increased its stake in Invesco International Dividend Achievers ETF by 6.4% in the 2nd quarter. Raymond James Financial Inc. now owns 205,621 shares of the company’s stock worth $4,215,000 after purchasing an additional 12,317 shares during the period. Bank of America Corp DE increased its stake in Invesco International Dividend Achievers ETF by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 909,313 shares of the company’s stock worth $18,641,000 after purchasing an additional 38,000 shares during the period. EP Wealth Advisors LLC purchased a new position in Invesco International Dividend Achievers ETF in the 2nd quarter worth approximately $155,000. Finally, Lantern Wealth Advisors LLC purchased a new position in Invesco International Dividend Achievers ETF in the 2nd quarter worth approximately $205,000. Institutional investors own 46.28% of the company’s stock.

About Invesco International Dividend Achievers ETF

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.