Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Sees Significant Decrease in Short Interest

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 22,812 shares, a drop of 45.3% from the September 15th total of 41,686 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 278,376 shares, the short-interest ratio is presently 0.1 days.

Invesco S&P International Developed Quality ETF Trading Up 1.2%

Shares of NYSEARCA IDHQ traded up $0.50 during trading on Thursday, reaching $43.86. The company had a trading volume of 181,703 shares, compared to its average volume of 134,235. Invesco S&P International Developed Quality ETF has a twelve month low of $33.24 and a twelve month high of $46.35. The stock has a market capitalization of $1.13 billion, a PE ratio of 19.13 and a beta of 0.91. The stock has a 50-day moving average price of $44.57 and a two-hundred day moving average price of $42.20.

Institutional Trading of Invesco S&P International Developed Quality ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its position in Invesco S&P International Developed Quality ETF by 79.7% during the first quarter. Parallel Advisors LLC now owns 2,618 shares of the company’s stock worth $93,000 after acquiring an additional 1,161 shares during the last quarter. Chemistry Wealth Management LLC purchased a new stake in Invesco S&P International Developed Quality ETF in the 2nd quarter worth approximately $222,000. Kestra Advisory Services LLC grew its stake in Invesco S&P International Developed Quality ETF by 58.7% in the 1st quarter. Kestra Advisory Services LLC now owns 8,464 shares of the company’s stock worth $299,000 after acquiring an additional 3,129 shares during the period. Paladin Advisory Group LLC acquired a new position in Invesco S&P International Developed Quality ETF in the 1st quarter valued at $305,000. Finally, Royal Bank of Canada raised its holdings in Invesco S&P International Developed Quality ETF by 15.8% in the 1st quarter. Royal Bank of Canada now owns 8,665 shares of the company’s stock valued at $306,000 after acquiring an additional 1,180 shares during the last quarter.

Invesco S&P International Developed Quality ETF Company Profile

(Get Free Report)

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.

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