Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ – Get Free Report) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 2,774 shares, a drop of 67.6% from the September 30th total of 8,574 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 1,130 shares, the days-to-cover ratio is currently 2.5 days.
Invesco Bloomberg Financial Data Providers ETF Trading Up 1.2%
Invesco Bloomberg Financial Data Providers ETF stock traded up $0.85 during mid-day trading on Friday, hitting $74.94. 896 shares of the company’s stock were exchanged, compared to its average volume of 3,824. Invesco Bloomberg Financial Data Providers ETF has a 1-year low of $56.00 and a 1-year high of $76.68. The stock has a 50 day moving average of $72.15 and a two-hundred day moving average of $70.28. The stock has a market cap of $42.72 million, a P/E ratio of 13.81 and a beta of 0.83.
Invesco Bloomberg Financial Data Providers ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.3652 per share. This represents a $1.46 annualized dividend and a yield of 1.9%. This is a boost from Invesco Bloomberg Financial Data Providers ETF’s previous quarterly dividend of $0.2232. The ex-dividend date was Monday, September 21st.
Institutional Investors Weigh In On Invesco Bloomberg Financial Data Providers ETF
An institutional investor recently bought a new stake in Invesco Bloomberg Financial Data Providers ETF stock. Corient Private Wealth LLC purchased a new stake in Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,000 shares of the company’s stock, valued at approximately $389,000. Corient Private Wealth LLC owned about 0.78% of Invesco Bloomberg Financial Data Providers ETF as of its most recent filing with the Securities & Exchange Commission.
Invesco Bloomberg Financial Data Providers ETF Company Profile
Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security.
The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.
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