Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Down 82.2% in December

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 5,200 shares, a decline of 82.2% from the December 15th total of 29,200 shares. Based on an average trading volume of 28,300 shares, the short-interest ratio is currently 0.2 days.

Invesco DWA Developed Markets Momentum ETF Stock Performance

Shares of PIZ traded up $0.02 during midday trading on Tuesday, hitting $35.97. 9,945 shares of the stock were exchanged, compared to its average volume of 8,493. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $31.05 and a 52-week high of $38.91. The stock has a fifty day simple moving average of $37.25 and a 200 day simple moving average of $36.80. The firm has a market cap of $169.06 million, a P/E ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.2876 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco DWA Developed Markets Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position in Invesco DWA Developed Markets Momentum ETF by 44.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock valued at $24,092,000 after buying an additional 196,544 shares during the period. Apollon Wealth Management LLC purchased a new position in Invesco DWA Developed Markets Momentum ETF in the third quarter valued at $204,000. Finally, Carolinas Wealth Consulting LLC grew its stake in Invesco DWA Developed Markets Momentum ETF by 8.7% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock worth $163,000 after purchasing an additional 367 shares in the last quarter.

About Invesco DWA Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.