Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Short Interest Update

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 44,000 shares, a growth of 21.5% from the January 31st total of 36,200 shares. Based on an average daily volume of 190,700 shares, the days-to-cover ratio is currently 0.2 days.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.0 %

Shares of PEY stock traded up $0.01 during trading hours on Thursday, hitting $21.48. 177,401 shares of the company’s stock were exchanged, compared to its average volume of 205,768. The company has a market capitalization of $1.20 billion, a PE ratio of 15.46 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $19.22 and a 12-month high of $23.22. The business’s 50 day simple moving average is $21.61 and its 200-day simple moving average is $21.77.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a dividend of $0.0701 per share. The ex-dividend date was Monday, February 24th.

Institutional Investors Weigh In On Invesco High Yield Equity Dividend Achievers ETF

Several institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.3% during the fourth quarter. Bank of America Corp DE now owns 6,148,404 shares of the company’s stock valued at $130,715,000 after buying an additional 141,047 shares during the period. LPL Financial LLC lifted its position in shares of Invesco High Yield Equity Dividend Achievers ETF by 2.4% in the 4th quarter. LPL Financial LLC now owns 1,937,371 shares of the company’s stock worth $41,188,000 after purchasing an additional 46,018 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter valued at about $13,455,000. Cetera Investment Advisers boosted its position in Invesco High Yield Equity Dividend Achievers ETF by 1.5% during the 4th quarter. Cetera Investment Advisers now owns 407,172 shares of the company’s stock valued at $8,656,000 after acquiring an additional 6,083 shares in the last quarter. Finally, Waverly Advisors LLC grew its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 0.4% during the 4th quarter. Waverly Advisors LLC now owns 380,351 shares of the company’s stock worth $8,086,000 after acquiring an additional 1,418 shares during the period.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.