Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY – Get Rating) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 82,200 shares, a drop of 68.7% from the March 31st total of 262,500 shares. Based on an average daily volume of 365,200 shares, the days-to-cover ratio is presently 0.2 days.
Shares of PEY stock opened at $21.38 on Thursday. The stock’s fifty day moving average price is $21.59 and its two-hundred day moving average price is $21.12. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $19.27 and a fifty-two week high of $22.67.
The company also recently disclosed a monthly dividend, which will be paid on Friday, April 29th. Investors of record on Tuesday, April 19th will be issued a dividend of $0.071 per share. This represents a $0.85 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend is Monday, April 18th.
About Invesco High Yield Equity Dividend Achievers ETF (Get Rating)
PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.
- Get a free copy of the StockNews.com research report on Invesco High Yield Equity Dividend Achievers ETF (PEY)
- Automatic Data Processing Is Ready To Scale New Heights
- Carl Icahn Buys More Xerox
- Xerox Holdings Stock is a Value Play
- The Kraft Heinz Turnaround Story Gains Momentum
- Microsoft (NASDAQ: MSFT) Saves The Day, For Now
Receive News & Ratings for Invesco High Yield Equity Dividend Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco High Yield Equity Dividend Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.