Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 4,309 shares, a growth of 85.4% from the February 12th total of 2,324 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 3,184 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 3,184 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.7% of the shares of the company are short sold.
Invesco S&P Emerging Markets Momentum ETF Stock Performance
Shares of NYSEARCA EEMO traded down $0.03 during mid-day trading on Friday, hitting $17.50. The stock had a trading volume of 122 shares, compared to its average volume of 2,664. The company has a 50 day moving average of $18.41 and a two-hundred day moving average of $17.99. Invesco S&P Emerging Markets Momentum ETF has a twelve month low of $12.85 and a twelve month high of $19.11. The firm has a market cap of $11.38 million, a PE ratio of 14.69 and a beta of 0.66.
Institutional Trading of Invesco S&P Emerging Markets Momentum ETF
Several large investors have recently added to or reduced their stakes in EEMO. Fortis Capital Advisors LLC purchased a new position in shares of Invesco S&P Emerging Markets Momentum ETF in the fourth quarter worth about $523,000. Equitable Holdings Inc. lifted its holdings in shares of Invesco S&P Emerging Markets Momentum ETF by 4.4% during the third quarter. Equitable Holdings Inc. now owns 81,905 shares of the company’s stock worth $1,472,000 after purchasing an additional 3,438 shares during the period. Finally, Foundations Investment Advisors LLC purchased a new stake in Invesco S&P Emerging Markets Momentum ETF in the fourth quarter valued at approximately $259,000.
About Invesco S&P Emerging Markets Momentum ETF
The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.
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