23.8% increase in short interest for Invesco Dividend Achievers ETF (PFM) in July, with a 0.6 days-to-cover ratio.
Invesco Dividend Achievers ETF (PFM) short interest increased 23.8% in July to 15,600 shares, with a 0.6 days-to-cover ratio and a stock price rise to $44.75. Institutional investors made position changes, and the ETF, which tracks the Broad Dividend Achievers Index, declared a 4.4% higher quarterly dividend. Meanwhile, Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) saw short interest rise 21.4% to 1,700 shares, with a 0.9 days-to-cover ratio and a price drop to $104.94 after announcing a dividend increase.
August 18, 2024
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