Invesco Golden Dragon China ETF (NASDAQ:PGJ) Short Interest Up 72.9% in December

Invesco Golden Dragon China ETF (NASDAQ:PGJ) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 24,900 shares, an increase of 72.9% from the December 15th total of 14,400 shares. Based on an average daily volume of 105,300 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Golden Dragon China ETF Trading Up 0.8 %

NASDAQ PGJ traded up $0.21 during trading hours on Wednesday, hitting $25.31. 13,641 shares of the company’s stock traded hands, compared to its average volume of 48,760. Invesco Golden Dragon China ETF has a 52 week low of $19.97 and a 52 week high of $31.97. The firm has a market capitalization of $138.45 million, a P/E ratio of 14.59 and a beta of 0.58. The business’s fifty day moving average price is $26.17 and its two-hundred day moving average price is $24.80.

Invesco Golden Dragon China ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0651 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco Golden Dragon China ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its position in Invesco Golden Dragon China ETF by 35.9% during the third quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock valued at $186,000 after purchasing an additional 1,744 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Invesco Golden Dragon China ETF during the 3rd quarter valued at about $245,000. Commonwealth Equity Services LLC grew its stake in shares of Invesco Golden Dragon China ETF by 8.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 13,449 shares of the company’s stock valued at $299,000 after acquiring an additional 1,005 shares during the period. MML Investors Services LLC increased its holdings in Invesco Golden Dragon China ETF by 38.8% in the 3rd quarter. MML Investors Services LLC now owns 24,521 shares of the company’s stock worth $691,000 after acquiring an additional 6,850 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in Invesco Golden Dragon China ETF during the 2nd quarter worth approximately $775,000.

Invesco Golden Dragon China ETF Company Profile

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.