Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Short Interest Update

by · The Cerbat Gem

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD – Get Free Report) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 3,747 shares, a drop of 60.0% from the May 14th total of 9,376 shares. Based on an average daily trading volume, of 26,612 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco Dow Jones Industrial Average Dividend ETF Trading Up 0.6%

Shares of DJD traded up $0.39 during trading hours on Friday, reaching $63.82. 23,835 shares of the company’s stock traded hands, compared to its average volume of 43,953. Invesco Dow Jones Industrial Average Dividend ETF has a 12 month low of $51.30 and a 12 month high of $64.04. The stock has a market cap of $476.74 million, a PE ratio of 17.48 and a beta of 0.69. The firm’s 50 day simple moving average is $61.15 and its 200-day simple moving average is $60.03.

Hedge Funds Weigh In On Invesco Dow Jones Industrial Average Dividend ETF

A number of institutional investors have recently made changes to their positions in the stock. LPL Financial LLC raised its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 644,401 shares of the company’s stock valued at $36,821,000 after buying an additional 65,189 shares in the last quarter. MRA Advisory Group grew its position in Invesco Dow Jones Industrial Average Dividend ETF by 0.7% in the first quarter. MRA Advisory Group now owns 248,929 shares of the company’s stock worth $14,871,000 after acquiring an additional 1,717 shares in the last quarter. David Kennon Inc purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth $11,774,000. Bank of America Corp DE increased its stake in Invesco Dow Jones Industrial Average Dividend ETF by 4.4% in the first quarter. Bank of America Corp DE now owns 153,319 shares of the company’s stock valued at $9,159,000 after acquiring an additional 6,418 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in Invesco Dow Jones Industrial Average Dividend ETF by 6.4% during the first quarter. Cetera Investment Advisers now owns 48,457 shares of the company’s stock valued at $2,895,000 after purchasing an additional 2,908 shares in the last quarter.

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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