Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Declines By 20.6%

Invesco International Dividend Achievers ETF (NASDAQ:PID) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 14,300 shares, a decline of 20.6% from the February 28th total of 18,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 128,900 shares, the days-to-cover ratio is presently 0.1 days.

Invesco International Dividend Achievers ETF Stock Performance

NASDAQ PID traded up $0.07 on Tuesday, reaching $19.14. The company’s stock had a trading volume of 119,866 shares, compared to its average volume of 119,822. The firm’s 50 day moving average is $19.11 and its two-hundred day moving average is $19.14. The stock has a market cap of $842.16 million, a PE ratio of 18.94 and a beta of 0.94. Invesco International Dividend Achievers ETF has a twelve month low of $17.28 and a twelve month high of $19.99.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1665 per share. This is a boost from Invesco International Dividend Achievers ETF’s previous dividend of $0.09. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PID. Raymond James Financial Inc. bought a new stake in shares of Invesco International Dividend Achievers ETF during the 4th quarter worth $5,694,000. FMR LLC boosted its position in shares of Invesco International Dividend Achievers ETF by 50.7% in the 3rd quarter. FMR LLC now owns 6,806 shares of the company’s stock valued at $135,000 after purchasing an additional 2,291 shares during the period. Captrust Financial Advisors increased its stake in 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. Townsquare Capital LLC acquired a new stake in Invesco International Dividend Achievers ETF during the 3rd quarter worth about $575,000. Finally, Stephens Inc. AR lifted its stake in Invesco International Dividend Achievers ETF by 12.3% during the fourth quarter. Stephens Inc. AR now owns 13,517 shares of the company’s stock valued at $247,000 after buying an additional 1,483 shares in the last quarter. Institutional investors and hedge funds 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.