Invesco High Yield Equity Dividend Achievers ETF (PEY) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco High Yield Equity Dividend Achievers ETF shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 12,000 shares of PEY short. Learn More on Invesco High Yield Equity Dividend Achievers ETF's current short interest.

Invesco High Yield Equity Dividend Achievers ETF saw a decrease in short interest in April. As of April 15th, there was short interest totaling 12,000 shares, a decrease of 54.5% from the previous total of 26,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Invesco High Yield Equity Dividend Achievers ETF: Invesco International Dividend Achievers ETF (0.01%), VictoryShares US EQ Income Enhanced Volatility Wtd ETF (0.32%), Invesco Dividend Achievers ETF (0.10%), Franklin U.S. Low Volatility High Dividend Index ETF (0.01%), First Trust BuyWrite Income ETF (0.05%), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (0.08%), WisdomTree Emerging Markets Quality Dividend Growth Fund (0.68%), First Trust Dividend Strength ETF (2.49%), VictoryShares International High Div Volatility Wtd ETF (0.02%), Global X MSCI SuperDividend EAFE ETF (0.13%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling PEY is an investing strategy that aims to generate trading profit from Invesco High Yield Equity Dividend Achievers ETF as its price is falling. PEY shares are trading down $0.19 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Invesco High Yield Equity Dividend Achievers ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PEY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PEY, twice per month. The most recent reporting period available is April, 15 2024.