Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Short Interest Update

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 60,622 shares, a growth of 118.9% from the April 15th total of 27,694 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 36,378 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Invesco S&P International Developed Quality ETF by 149.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 63,728 shares of the company’s stock valued at $2,102,000 after buying an additional 38,178 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Invesco S&P International Developed Quality ETF by 12.5% in the 2nd quarter. Raymond James Financial Inc. now owns 271,459 shares of the company’s stock valued at $8,953,000 after buying an additional 30,215 shares in the last quarter. Jane Street Group LLC grew its holdings in Invesco S&P International Developed Quality ETF by 1.0% in the 2nd quarter. Jane Street Group LLC now owns 47,928 shares of the company’s stock valued at $1,581,000 after buying an additional 495 shares in the last quarter. Bank of America Corp DE grew its holdings in Invesco S&P International Developed Quality ETF by 95.4% in the 2nd quarter. Bank of America Corp DE now owns 83,083 shares of the company’s stock valued at $2,740,000 after buying an additional 40,557 shares in the last quarter. Finally, Leavell Investment Management Inc. grew its holdings in Invesco S&P International Developed Quality ETF by 3.6% in the 3rd quarter. Leavell Investment Management Inc. now owns 23,340 shares of the company’s stock valued at $785,000 after buying an additional 815 shares in the last quarter.

Invesco S&P International Developed Quality ETF Stock Performance

IDHQ traded down $1.09 on Friday, reaching $39.33. The company had a trading volume of 41,958 shares, compared to its average volume of 92,128. Invesco S&P International Developed Quality ETF has a fifty-two week low of $31.54 and a fifty-two week high of $40.94. The stock has a market cap of $751.20 million, a P/E ratio of 19.13 and a beta of 0.92. The company’s fifty day moving average is $37.57 and its 200 day moving average is $36.67.

About Invesco S&P International Developed Quality ETF

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.