Short Interest in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) Expands By 20.0%

Posted by Donald Scott on Mar 19th, 2025

Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ – Get Free Report) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,000 shares, an increase of 20.0% from the February 13th total of 2,500 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 1.4 days.

Invesco Dorsey Wright Basic Materials Momentum ETF Stock Up 0.3 %

Shares of NASDAQ PYZ traded up $0.24 during trading hours on Wednesday, hitting $87.55. The company had a trading volume of 222 shares, compared to its average volume of 2,044. The stock has a market capitalization of $50.78 million, a P/E ratio of 20.06 and a beta of 1.36. Invesco Dorsey Wright Basic Materials Momentum ETF has a 1-year low of $83.52 and a 1-year high of $99.92. The firm’s 50 day moving average is $89.74 and its 200-day moving average is $92.12.

Invesco Dorsey Wright Basic Materials Momentum ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.2548 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Invesco Dorsey Wright Basic Materials Momentum ETF

An institutional investor recently raised its position in Invesco Dorsey Wright Basic Materials Momentum ETF stock. LPL Financial LLC boosted its holdings in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ – Free Report) by 52.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,217 shares of the company’s stock after acquiring an additional 7,266 shares during the period. LPL Financial LLC owned 3.66% of Invesco Dorsey Wright Basic Materials Momentum ETF worth $1,841,000 as of its most recent filing with the Securities and Exchange Commission.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

(Get Free Report)

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.