Short Interest in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Increases By 25.5%

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 7,236 shares, an increase of 25.5% from the December 31st total of 5,767 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,486 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 23,486 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco Dorsey Wright Emerging Markets Momentum ETF Trading Down 0.3%

Shares of PIE traded down $0.09 during mid-day trading on Wednesday, reaching $25.75. The company’s stock had a trading volume of 34,078 shares, compared to its average volume of 20,842. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52 week low of $15.31 and a 52 week high of $27.13. The stock has a market cap of $130.04 million, a PE ratio of 13.79 and a beta of 0.72. The company’s fifty day moving average price is $24.78 and its two-hundred day moving average price is $23.95.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.242 dividend. This is a boost from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.97 dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 54.7% in the 3rd quarter. Raymond James Financial Inc. now owns 869,151 shares of the company’s stock worth $21,207,000 after acquiring an additional 307,189 shares during the last quarter. Jane Street Group LLC raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 330.7% during the 2nd quarter. Jane Street Group LLC now owns 162,292 shares of the company’s stock valued at $3,398,000 after purchasing an additional 124,608 shares during the last quarter. TT Capital Management LLC purchased a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF in the 2nd quarter worth approximately $887,000. Lunt Capital Management Inc. bought a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the 2nd quarter worth approximately $788,000. Finally, M Holdings Securities Inc. increased its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.1% during the second quarter. M Holdings Securities Inc. now owns 411,704 shares of the company’s stock valued at $8,620,000 after buying an additional 34,174 shares during the period.

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.