Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Drops By 23.5%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,300 shares, a decline of 23.5% from the November 30th total of 1,700 shares. Based on an average daily trading volume, of 22,200 shares, the days-to-cover ratio is currently 0.1 days.

Invesco DWA Emerging Markets Momentum ETF Price Performance

Invesco DWA Emerging Markets Momentum ETF stock traded up $0.06 during midday trading on Friday, reaching $19.42. The company’s stock had a trading volume of 38,645 shares, compared to its average volume of 23,930. The stock has a market capitalization of $119.43 million, a P/E ratio of 10.25 and a beta of 0.79. The stock’s 50-day simple moving average is $19.97 and its 200-day simple moving average is $20.43. Invesco DWA Emerging Markets Momentum ETF has a 52-week low of $18.10 and a 52-week high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

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

Institutional Trading of Invesco DWA Emerging Markets Momentum ETF

A number of institutional investors have recently bought and sold shares of PIE. Carolinas Wealth Consulting LLC lifted its position in Invesco DWA Emerging Markets Momentum ETF by 7.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 9,223 shares of the company’s stock worth $197,000 after acquiring an additional 600 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 10.1% during the second quarter. Commonwealth Equity Services LLC now owns 18,549 shares of the company’s stock worth $396,000 after purchasing an additional 1,705 shares during the period. MorganRosel Wealth Management LLC lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 3.3% during the third quarter. MorganRosel Wealth Management LLC now owns 32,167 shares of the company’s stock worth $663,000 after purchasing an additional 1,036 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Invesco DWA Emerging Markets Momentum ETF by 8.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 34,882 shares of the company’s stock valued at $745,000 after buying an additional 2,812 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Invesco DWA Emerging Markets Momentum ETF by 6.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 61,739 shares of the company’s stock worth $1,318,000 after buying an additional 3,709 shares during the period.

Invesco DWA Emerging Markets Momentum ETF Company Profile

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.