Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Short Interest Up 195.6% in August

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 68,629 shares, an increase of 195.6% from the August 15th total of 23,219 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 45,611 shares, the days-to-cover ratio is currently 1.5 days.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Invesco S&P Ultra Dividend Revenue ETF stock opened at $61.26 on Tuesday. Invesco S&P Ultra Dividend Revenue ETF has a one year low of $49.98 and a one year high of $64.42. The business’s fifty day moving average is $62.24 and its 200 day moving average is $58.65. The stock has a market capitalization of $1.35 billion, a PE ratio of 11.29 and a beta of 0.76.

Get Invesco S&P Ultra Dividend Revenue ETF alerts:

Hedge Funds Weigh In On Invesco S&P Ultra Dividend Revenue ETF

Several hedge funds and other institutional investors have recently bought and sold shares of RDIV. Western Wealth Management LLC bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the first quarter worth approximately $94,000. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at approximately $139,000. Essex Financial Services Inc. bought a new position in Invesco S&P Ultra Dividend Revenue ETF during the first quarter valued at approximately $207,000. Geneos Wealth Management Inc. lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 21.9% during the first quarter. Geneos Wealth Management Inc. now owns 5,639 shares of the company’s stock valued at $314,000 after purchasing an additional 1,014 shares during the period. Finally, Axxcess Wealth Management LLC purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter worth approximately $374,000.

About Invesco S&P Ultra Dividend Revenue ETF

(Get Free Report)

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that is based on the S&P 900 Dividend Revenue-Weighted index. The fund selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue. RDIV was launched on Oct 1, 2013 and is managed by Invesco.

See Also

• Five stocks we like better than Invesco S&P Ultra Dividend Revenue ETF
• Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
• Institutional Money Is Pouring Into These 2 Altcoin ETFs
• The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
• 3 Dividend Kings to Buy While They’re Still Beaten Down

Receive News & Ratings for Invesco S&P Ultra Dividend Revenue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P Ultra Dividend Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.