Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) Shares Shorted: Short Interest Up 254.8% in October

Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 80,935 shares, an increase of 254.8% from the September 30th total of 22,812 shares. Based on an average daily trading volume, of 254,533 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco S&P International Developed Quality ETF

A number of hedge funds have recently bought and sold shares of the company. Ballast Rock Private Wealth LLC boosted its holdings in Invesco S&P International Developed Quality ETF by 6.7% in the third quarter. Ballast Rock Private Wealth LLC now owns 11,037 shares of the company’s stock worth $476,000 after purchasing an additional 692 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Invesco S&P International Developed Quality ETF by 79.7% in the first quarter. Parallel Advisors LLC now owns 2,618 shares of the company’s stock worth $93,000 after purchasing an additional 1,161 shares during the period. Royal Bank of Canada increased its stake in Invesco S&P International Developed Quality ETF by 15.8% in the 1st quarter. Royal Bank of Canada now owns 8,665 shares of the company’s stock worth $306,000 after buying an additional 1,180 shares in the last quarter. Valued Retirements Inc. raised its stake in Invesco S&P International Developed Quality ETF by 22.0% during the 2nd quarter. Valued Retirements Inc. now owns 7,555 shares of the company’s stock valued at $330,000 after purchasing an additional 1,364 shares during the period. Finally, Kestra Private Wealth Services LLC raised its position in shares of Invesco S&P International Developed Quality ETF by 7.5% during the first quarter. Kestra Private Wealth Services LLC now owns 20,180 shares of the company’s stock valued at $714,000 after buying an additional 1,412 shares during the last quarter.

Invesco S&P International Developed Quality ETF Trading Up 0.7%

NYSEARCA:IDHQ traded up $0.30 during trading hours on Thursday, reaching $44.51. 147,302 shares of the company traded hands, compared to its average volume of 139,117. The business’s 50-day moving average price is $44.26 and its two-hundred day moving average price is $41.05. Invesco S&P International Developed Quality ETF has a 1 year low of $33.24 and a 1 year high of $46.35. The stock has a market capitalization of $1.21 billion, a P/E ratio of 19.13 and a beta of 0.91.

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.