Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Short Interest Down 71.0% in December

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 15,689 shares, a drop of 71.0% from the December 15th total of 54,034 shares. Based on an average daily volume of 31,445 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 31,445 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco S&P Ultra Dividend Revenue ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Aventura Private Wealth LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth about $30,000. Advisory Services Network LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter worth approximately $95,000. CWM LLC lifted its stake in Invesco S&P Ultra Dividend Revenue ETF by 27.1% in the 2nd quarter. CWM LLC now owns 2,108 shares of the company’s stock valued at $101,000 after buying an additional 450 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock valued at $160,000 after buying an additional 3,150 shares during the last quarter. Finally, Bridgewealth Advisory Group LLC purchased a new position in Invesco S&P Ultra Dividend Revenue ETF during the third quarter worth $209,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Invesco S&P Ultra Dividend Revenue ETF stock traded up $0.18 during mid-day trading on Tuesday, reaching $53.60. The company had a trading volume of 23,597 shares, compared to its average volume of 55,805. The stock’s 50-day simple moving average is $52.67 and its 200-day simple moving average is $51.41. Invesco S&P Ultra Dividend Revenue ETF has a 1 year low of $41.50 and a 1 year high of $54.25. The company has a market capitalization of $881.65 million, a P/E ratio of 11.29 and a beta of 0.94.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that is based on the S&P 900 Dividend Revenue-Weighted index. The fund selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue. RDIV was launched on Oct 1, 2013 and is managed by Invesco.