Short Interest in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Increases By 139.8%

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 72,031 shares, a growth of 139.8% from the January 29th total of 30,035 shares. Based on an average daily volume of 35,703 shares, the short-interest ratio is currently 2.0 days. Approximately 1.4% of the shares of the stock are short sold. Approximately 1.4% of the shares of the stock are short sold. Based on an average daily volume of 35,703 shares, the short-interest ratio is currently 2.0 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Emerging Markets Momentum ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 54.7% during the third quarter. Raymond James Financial Inc. now owns 869,151 shares of the company’s stock worth $21,207,000 after purchasing an additional 307,189 shares in the last quarter. Wells Fargo & Company MN raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 11.0% in the 4th quarter. Wells Fargo & Company MN now owns 606,771 shares of the company’s stock worth $14,343,000 after purchasing an additional 60,112 shares during the last quarter. M Holdings Securities Inc. raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.1% in the 2nd quarter. M Holdings Securities Inc. now owns 411,704 shares of the company’s stock worth $8,620,000 after purchasing an additional 34,174 shares during the last quarter. UBS Group AG lifted its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% during the 3rd quarter. UBS Group AG now owns 193,166 shares of the company’s stock worth $4,713,000 after buying an additional 8,322 shares in the last quarter. Finally, NewSquare Capital LLC boosted its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 7.5% in the 3rd quarter. NewSquare Capital LLC now owns 183,463 shares of the company’s stock valued at $4,476,000 after buying an additional 12,727 shares during the last quarter.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Performance

Invesco Dorsey Wright Emerging Markets Momentum ETF stock opened at $28.35 on Friday. The business’s fifty day moving average is $25.84 and its two-hundred day moving average is $24.63. The firm has a market cap of $143.17 million, a P/E ratio of 13.79 and a beta of 0.72. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52 week low of $15.31 and a 52 week high of $28.49.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.242 per share. This is a positive change from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Monday, December 22nd. This represents a $0.97 annualized dividend and a yield of 3.4%.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

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. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.