Short Interest in Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) Expands By 210.1%

Invesco S&P International Developed Low Volatility ETF (NYSEARCA:IDLV) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 23,350 shares, an increase of 210.1% from the July 30th total of 7,530 shares. Based on an average daily trading volume, of 31,960 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are short sold.

Invesco S&P International Developed Low Volatility ETF Price Performance

Shares of Invesco S&P International Developed Low Volatility ETF stock traded down $0.12 during midday trading on Thursday, hitting $36.12. 20,843 shares of the company were exchanged, compared to its average volume of 41,872. The firm has a 50 day simple moving average of $35.45 and a 200-day simple moving average of $35.35. The firm has a market cap of $344.95 million, a P/E ratio of 17.78 and a beta of 0.49. Invesco S&P International Developed Low Volatility ETF has a 52 week low of $32.50 and a 52 week high of $36.97.

Institutional Investors Weigh In On Invesco S&P International Developed Low Volatility ETF

Several institutional investors and hedge funds have recently made changes to their positions in IDLV. Wagner Wealth Management LLC increased its position in Invesco S&P International Developed Low Volatility ETF by 3.0% in the fourth quarter. Wagner Wealth Management LLC now owns 10,641 shares of the company’s stock worth $361,000 after purchasing an additional 309 shares during the period. Cetera Investment Advisers lifted its position in Invesco S&P International Developed Low Volatility ETF by 0.4% during the 4th quarter. Cetera Investment Advisers now owns 92,849 shares of the company’s stock valued at $3,148,000 after purchasing an additional 406 shares during the period. MML Investors Services LLC boosted its stake in shares of Invesco S&P International Developed Low Volatility ETF by 6.0% in the 4th quarter. MML Investors Services LLC now owns 7,703 shares of the company’s stock valued at $261,000 after purchasing an additional 435 shares during the last quarter. Johnson & White Wealth Management LLC boosted its stake in shares of Invesco S&P International Developed Low Volatility ETF by 0.3% in the 4th quarter. Johnson & White Wealth Management LLC now owns 170,465 shares of the company’s stock valued at $5,779,000 after purchasing an additional 464 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in shares of Invesco S&P International Developed Low Volatility ETF by 3.6% in the 4th quarter. Kestra Advisory Services LLC now owns 16,484 shares of the company’s stock valued at $559,000 after purchasing an additional 576 shares during the last quarter.

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.