Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Expands By 200.0%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 7,500 shares, an increase of 200.0% from the February 13th total of 2,500 shares. Based on an average daily volume of 29,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in Invesco DWA Emerging Markets Momentum ETF during the fourth quarter worth approximately $12,882,000. OLD Mission Capital LLC lifted its stake in Invesco DWA Emerging Markets Momentum ETF by 1,180.7% during the fourth quarter. OLD Mission Capital LLC now owns 459,570 shares of the company’s stock worth $8,833,000 after purchasing an additional 423,687 shares during the last quarter. M Holdings Securities Inc. lifted its stake in Invesco DWA Emerging Markets Momentum ETF by 0.3% during the fourth quarter. M Holdings Securities Inc. now owns 338,068 shares of the company’s stock worth $6,498,000 after purchasing an additional 863 shares during the last quarter. Maltin Wealth Management Inc. lifted its stake in Invesco DWA Emerging Markets Momentum ETF by 2.0% during the fourth quarter. Maltin Wealth Management Inc. now owns 304,240 shares of the company’s stock worth $5,848,000 after purchasing an additional 6,003 shares during the last quarter. Finally, NewSquare Capital LLC increased its position in Invesco DWA Emerging Markets Momentum ETF by 4.1% during the fourth quarter. NewSquare Capital LLC now owns 190,425 shares of the company’s stock worth $3,660,000 after buying an additional 7,463 shares during the period.

Invesco DWA Emerging Markets Momentum ETF Stock Up 1.2 %

PIE stock opened at $19.06 on Friday. The business has a 50 day moving average price of $18.85 and a 200 day moving average price of $19.67. The stock has a market cap of $103.88 million, a price-to-earnings ratio of 13.49 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $18.07 and a fifty-two week high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.0369 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.