Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Up 25.5% in January

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,236 shares, a growth of 25.5% from the December 31st total of 5,767 shares. Based on an average daily volume of 23,486 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 23,486 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Emerging Markets Momentum ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PIE. MGB Wealth Management LLC boosted its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the 2nd quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock valued at $42,000 after purchasing an additional 750 shares during the last quarter. Trueblood Wealth Management LLC lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 3.0% in the fourth quarter. Trueblood Wealth Management LLC now owns 29,443 shares of the company’s stock valued at $696,000 after purchasing an additional 871 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 1.5% in the second quarter. Prospera Financial Services Inc now owns 58,413 shares of the company’s stock valued at $1,223,000 after purchasing an additional 876 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 20.2% during the third quarter. Jones Financial Companies Lllp now owns 6,134 shares of the company’s stock valued at $147,000 after buying an additional 1,031 shares during the last quarter. Finally, Founders Financial Alliance LLC grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 75.7% during the third quarter. Founders Financial Alliance LLC now owns 2,498 shares of the company’s stock worth $61,000 after buying an additional 1,076 shares in the last quarter.

Invesco Dorsey Wright Emerging Markets Momentum ETF Trading Up 0.7%

NASDAQ PIE traded up $0.18 during mid-day trading on Tuesday, hitting $25.84. The company’s stock had a trading volume of 9,620 shares, compared to its average volume of 20,246. The firm has a market capitalization of $130.49 million, a price-to-earnings ratio of 13.79 and a beta of 0.72. The company’s 50 day simple moving average is $24.78 and its 200 day simple moving average is $23.95. Invesco Dorsey Wright Emerging Markets Momentum ETF has a twelve month low of $15.31 and a twelve month high of $27.13.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.242 per share. This is an increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08. This represents a $0.97 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, December 22nd.

About Invesco Dorsey Wright 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. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.