Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Stock Short Interest Climbs 150.9%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 7,828 shares, a growth of 150.9% from the September 15th total of 3,120 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 12,920 shares, the short-interest ratio is presently 0.6 days.

Invesco S&P International Developed Low Volatility ETF Trading Up 1.1%

Shares of NYSEARCA:IDLV traded up $0.38 during trading on Tuesday, reaching $34.50. 10,330 shares of the stock were exchanged, compared to its average volume of 38,130. Invesco S&P International Developed Low Volatility ETF has a 12 month low of $32.50 and a 12 month high of $36.97. The firm has a market cap of $322.57 million, a PE ratio of 17.78 and a beta of 0.49. The stock has a 50-day moving average price of $35.43 and a 200-day moving average price of $35.21.

Institutional Trading of Invesco S&P International Developed Low Volatility ETF

Hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P International Developed Low Volatility ETF by 46.9% in the first quarter. Bank of New York Mellon Corp now owns 1,513,405 shares of the company’s stock valued at $52,142,000 after acquiring an additional 483,277 shares during the period. Whitaker Myers Wealth Managers LTD. grew its stake in shares of Invesco S&P International Developed Low Volatility ETF by 12.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 511,114 shares of the company’s stock valued at $17,630,000 after acquiring an additional 56,755 shares in the last quarter. Bank of America Corp DE increased its position in Invesco S&P International Developed Low Volatility ETF by 11.9% during the first quarter. Bank of America Corp DE now owns 133,656 shares of the company’s stock worth $4,605,000 after acquiring an additional 14,187 shares during the period. Arkadios Wealth Advisors bought a new position in Invesco S&P International Developed Low Volatility ETF during the first quarter worth about $384,000. Finally, Bell Investment Advisors Inc increased its position in Invesco S&P International Developed Low Volatility ETF by 4.6% during the first quarter. Bell Investment Advisors Inc now owns 202,901 shares of the company’s stock worth $6,991,000 after acquiring an additional 9,006 shares during the period.

Invesco S&P International Developed Low Volatility ETF Company Profile

The Invesco S&P International Developed Low Volatility ETF (IDLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of about 200 stocks showing low price volatility pulled from the S&P Developed ex-US and South Korea LargeMidCap BMI Index. IDLV was launched on Jan 13, 2012 and is managed by Invesco.