Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Short Interest Update

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 700 shares, a growth of 112.1% from the January 15th total of 330 shares. Based on an average daily volume of 1,073 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 1,073 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Invesco S&P 500 High Dividend Growers ETF

Large investors have recently added to or reduced their stakes in the business. Horizon Family Wealth Inc. purchased a new stake in shares of Invesco S&P 500 High Dividend Growers ETF in the 2nd quarter valued at approximately $3,185,000. Coppell Advisory Solutions LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Growers ETF during the 2nd quarter worth about $382,000. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Growers ETF during the 4th quarter valued at about $831,000.

Invesco S&P 500 High Dividend Growers ETF Stock Up 0.8%

Shares of NYSEARCA DIVG opened at $35.58 on Friday. Invesco S&P 500 High Dividend Growers ETF has a 52-week low of $27.25 and a 52-week high of $35.69. The stock has a market capitalization of $9.96 million, a PE ratio of 15.30 and a beta of 0.64. The firm has a fifty day moving average of $33.52 and a 200-day moving average of $32.71.

Invesco S&P 500 High Dividend Growers ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a dividend of $0.0977 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, January 20th. This is an increase from Invesco S&P 500 High Dividend Growers ETF’s previous monthly dividend of $0.09.

About Invesco S&P 500 High Dividend Growers ETF

The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.