Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) Short Interest Update

Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 311,673 shares, an increase of 625.8% from the June 15th total of 42,944 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 390,147 shares, the short-interest ratio is presently 0.8 days.

Invesco S&P International Developed Momentum ETF Stock Performance

IDMO traded down $0.83 during trading on Monday, reaching $59.31. The company’s stock had a trading volume of 106,403 shares, compared to its average volume of 485,803. The company’s fifty day moving average price is $59.93 and its 200-day moving average price is $58.26. Invesco S&P International Developed Momentum ETF has a 52-week low of $50.21 and a 52-week high of $62.20. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

Institutional Trading of Invesco S&P International Developed Momentum ETF

Institutional investors have recently modified their holdings of the business. Triumph Capital Management purchased a new position in Invesco S&P International Developed Momentum ETF in the third quarter worth $25,000. Harbor Asset Planning Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 1st quarter worth $41,000. Bessemer Group Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF by 90.6% during the 1st quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock worth $55,000 after purchasing an additional 480 shares in the last quarter. Clarity Asset Management Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter worth $62,000. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after purchasing an additional 361 shares during the period.

Invesco S&P International Developed Momentum ETF Company Profile

The Invesco S&P International Developed Momentum ETF (IDMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from developed markets excluding the US and Korea. Stocks are selected by price momentum and weighted by momentum, scaled by market cap. IDMO was launched on Feb 24, 2012 and is managed by Invesco.