Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Declines By 23.1%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,000 shares, a decrease of 23.1% from the January 15th total of 1,300 shares. Based on an average daily volume of 24,900 shares, the days-to-cover ratio is currently 0.0 days.

Invesco DWA Emerging Markets Momentum ETF Stock Performance

Shares of PIE stock traded up $0.10 during trading on Friday, hitting $19.18. The company had a trading volume of 28,451 shares, compared to its average volume of 26,262. The firm has a market capitalization of $104.53 million, a P/E ratio of 10.25 and a beta of 0.79. The stock’s 50-day moving average price is $19.13 and its 200 day moving average price is $19.84. 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 Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0369 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Steward Partners Investment Advisory LLC grew its holdings in Invesco DWA Emerging Markets Momentum ETF by 27.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock worth $138,000 after acquiring an additional 1,545 shares during the period. Whipplewood Advisors LLC acquired a new stake in Invesco DWA Emerging Markets Momentum ETF during the 4th quarter worth about $362,000. MorganRosel Wealth Management LLC grew 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 worth $676,000 after acquiring an additional 2,994 shares during the period. Jane Street Group LLC grew its holdings in Invesco DWA Emerging Markets Momentum ETF by 30.8% during the 4th quarter. Jane Street Group LLC now owns 46,585 shares of the company’s stock worth $895,000 after acquiring an additional 10,967 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in 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 worth $1,233,000 after acquiring an additional 606 shares during the period.

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.