Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Short Interest Up 125.9% in June

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJDGet Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 8,463 shares, an increase of 125.9% from the May 31st total of 3,747 shares. Based on an average daily volume of 30,247 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Blair William & Co. IL purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the third quarter valued at $26,000. International Assets Investment Management LLC grew its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 48.8% during the 1st quarter. International Assets Investment Management LLC now owns 625 shares of the company’s stock worth $37,000 after purchasing an additional 205 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth about $45,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth about $63,000. Finally, Ankerstar Wealth LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter valued at about $69,000.

Invesco Dow Jones Industrial Average Dividend ETF Stock Up 0.4%

NYSEARCA:DJD traded up $0.24 on Monday, hitting $63.74. The stock had a trading volume of 37,659 shares, compared to its average volume of 43,881. The stock has a market cap of $476.14 million, a price-to-earnings ratio of 17.48 and a beta of 0.69. The company has a fifty day moving average price of $61.92 and a two-hundred day moving average price of $60.49. Invesco Dow Jones Industrial Average Dividend ETF has a 1-year low of $52.67 and a 1-year high of $64.04.

About Invesco Dow Jones Industrial Average Dividend ETF

(Get Free Report)

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.

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