Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 428 shares, a drop of 36.1% from the August 31st total of 670 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,119 shares, the short-interest ratio is presently 0.0 days.

Invesco Global Water ETF Price Performance

NASDAQ PIO traded up $0.64 during mid-day trading on Friday, reaching $43.47. The stock had a trading volume of 2,454 shares, compared to its average volume of 10,558. The stock has a market cap of $262.99 million, a PE ratio of 24.59 and a beta of 0.99. Invesco Global Water ETF has a 1 year low of $42.09 and a 1 year high of $48.63. The company has a fifty day moving average price of $44.38 and a 200 day moving average price of $44.52.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its position in shares of Invesco Global Water ETF by 2.9% during the first quarter. Bank of America Corp DE now owns 499,330 shares of the company’s stock valued at $21,681,000 after buying an additional 13,958 shares during the last quarter. Citadel Advisors LLC lifted its stake in Invesco Global Water ETF by 374.7% during the 2nd quarter. Citadel Advisors LLC now owns 29,825 shares of the company’s stock valued at $1,341,000 after acquiring an additional 23,542 shares during the period. Advocacy Wealth Management LLC bought a new position in Invesco Global Water ETF during the second quarter valued at approximately $1,930,000. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco Global Water ETF in the 2nd quarter worth $45,000. Finally, Headlands Technologies LLC purchased a new position in Invesco Global Water ETF in the second quarter worth about $374,000.

About Invesco Global Water ETF

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.