Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Rises By 150.0%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 2,500 shares, a growth of 150.0% from the January 31st total of 1,000 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Carolinas Wealth Consulting LLC raised its stake in Invesco DWA Emerging Markets Momentum ETF by 6.5% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 9,851 shares of the company’s stock valued at $189,000 after acquiring an additional 599 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 64,142 shares of the company’s stock valued at $1,233,000 after buying an additional 606 shares in the last quarter. M Holdings Securities Inc. boosted its holdings in Invesco DWA Emerging Markets Momentum ETF by 0.3% in the 4th quarter. M Holdings Securities Inc. now owns 338,068 shares of the company’s stock worth $6,498,000 after buying an additional 863 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Invesco DWA Emerging Markets Momentum ETF by 27.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock valued at $138,000 after buying an additional 1,545 shares in the last quarter. Finally, MorganRosel Wealth Management LLC raised its holdings in Invesco DWA Emerging Markets Momentum ETF by 9.3% during the 4th quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock valued at $676,000 after acquiring an additional 2,994 shares during the period.

Invesco DWA Emerging Markets Momentum ETF Stock Down 0.9 %

NASDAQ:PIE traded down $0.17 during trading hours on Friday, hitting $18.56. 10,708 shares of the company traded hands, compared to its average volume of 32,562. The firm’s 50-day simple moving average is $18.95 and its 200-day simple moving average is $19.78. The company has a market cap of $101.15 million, a PE ratio of 13.35 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a one year low of $18.07 and a one year high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0369 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco DWA 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.