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

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant decline in short interest during the month of 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. Based on an average daily trading volume, of 128,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Invesco International Dividend Achievers ETF Price Performance

PID stock 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. Invesco International Dividend Achievers ETF has a 52 week low of $17.28 and a 52 week high of $19.99. The company has a market capitalization of $842.16 million, a P/E ratio of 18.94 and a beta of 0.94. The firm has a fifty day moving average of $19.11 and a two-hundred day moving average of $19.14.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1665 dividend. 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

A number of large investors have recently modified their holdings of PID. Nestegg Advisors Inc. acquired a new position in Invesco International Dividend Achievers ETF during the 4th quarter valued at about $1,044,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco International Dividend Achievers ETF by 1,399.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 296,181 shares of the company’s stock valued at $5,423,000 after acquiring an additional 276,425 shares during the period. Wood Tarver Financial Group LLC acquired a new position in shares of Invesco International Dividend Achievers ETF during the fourth quarter valued at approximately $926,000. H&H Retirement Design & Management INC raised its holdings in Invesco International Dividend Achievers ETF by 3.4% during the fourth quarter. H&H Retirement Design & Management INC now owns 74,230 shares of the company’s stock worth $1,427,000 after purchasing an additional 2,472 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. lifted its position in Invesco International Dividend Achievers ETF by 1.4% in the fourth quarter. Strategic Wealth Partners Ltd. now owns 951,747 shares of the company’s stock worth $18,378,000 after purchasing an additional 13,259 shares during the period. 46.28% of the stock is owned by institutional investors and hedge funds.

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.