Short Interest in Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Declines By 14.3%

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 2,324 shares, a decline of 14.3% from the January 29th total of 2,713 shares. Based on an average daily trading volume, of 1,284 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,284 shares, the days-to-cover ratio is currently 1.8 days.

Invesco S&P Emerging Markets Momentum ETF Trading Down 1.9%

Shares of EEMO opened at $17.47 on Friday. The company’s 50 day simple moving average is $18.41 and its 200-day simple moving average is $17.98. The firm has a market cap of $11.36 million, a PE ratio of 14.69 and a beta of 0.66. Invesco S&P Emerging Markets Momentum ETF has a 12-month low of $12.85 and a 12-month high of $19.11.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Equitable Holdings Inc. boosted its stake in shares of Invesco S&P Emerging Markets Momentum ETF by 4.4% during the third quarter. Equitable Holdings Inc. now owns 81,905 shares of the company’s stock worth $1,472,000 after buying an additional 3,438 shares during the period. Foundations Investment Advisors LLC purchased a new stake in Invesco S&P Emerging Markets Momentum ETF during the 4th quarter valued at approximately $259,000. Finally, Fortis Capital Advisors LLC acquired a new stake in Invesco S&P Emerging Markets Momentum ETF during the 4th quarter worth approximately $523,000.

Invesco S&P Emerging Markets Momentum ETF Company Profile

The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.