Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 2,713 shares, a decrease of 57.0% from the January 15th total of 6,316 shares. Based on an average daily trading volume, of 5,110 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 5,110 shares, the short-interest ratio is currently 0.5 days.
Invesco S&P Emerging Markets Momentum ETF Stock Performance
EEMO stock traded down $0.17 during midday trading on Thursday, hitting $18.69. 2,521 shares of the company’s stock were exchanged, compared to its average volume of 3,366. Invesco S&P Emerging Markets Momentum ETF has a one year low of $12.85 and a one year high of $18.89. The company has a market cap of $12.15 million, a PE ratio of 14.69 and a beta of 0.66. The stock’s fifty day moving average price is $18.12 and its 200-day moving average price is $17.83.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of EEMO. Foundations Investment Advisors LLC bought a new position in shares of Invesco S&P Emerging Markets Momentum ETF in the 4th quarter valued at about $259,000. Fortis Capital Advisors LLC acquired a new position in Invesco S&P Emerging Markets Momentum ETF during the fourth quarter valued at approximately $523,000. Finally, Equitable Holdings Inc. boosted its position in 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 valued at $1,472,000 after purchasing an additional 3,438 shares during the last quarter.
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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