Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 357 shares, a decline of 47.1% from the April 15th total of 675 shares. Based on an average trading volume of 8,074 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Invesco Global Water ETF Stock Performance

Shares of PIO stock traded down $0.88 during trading hours on Friday, reaching $43.57. The company had a trading volume of 9,164 shares, compared to its average volume of 14,344. The business has a fifty day moving average price of $44.82 and a 200-day moving average price of $45.43. Invesco Global Water ETF has a one year low of $42.09 and a one year high of $48.63. The firm has a market cap of $265.78 million, a PE ratio of 24.59 and a beta of 1.03.

Invesco Global Water ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.0449 dividend. This is a boost from Invesco Global Water ETF’s previous quarterly dividend of $0.04. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Institutional Trading of Invesco Global Water ETF

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in shares of Invesco Global Water ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 479,589 shares of the company’s stock worth $21,531,000 after buying an additional 5,298 shares during the last quarter. UBS Group AG boosted its holdings in shares of Invesco Global Water ETF by 4.2% in the third quarter. UBS Group AG now owns 111,290 shares of the company’s stock worth $4,996,000 after buying an additional 4,481 shares during the last quarter. Citadel Advisors LLC boosted its holdings in shares of Invesco Global Water ETF by 198.0% in the third quarter. Citadel Advisors LLC now owns 66,120 shares of the company’s stock worth $2,968,000 after buying an additional 43,929 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Invesco Global Water ETF by 0.7% in the fourth quarter. Stifel Financial Corp now owns 48,251 shares of the company’s stock worth $2,130,000 after buying an additional 351 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Invesco Global Water ETF by 7.6% in the first quarter. Cetera Investment Advisers now owns 27,749 shares of the company’s stock worth $1,205,000 after buying an additional 1,954 shares during the last quarter.

Invesco Global Water ETF Company Profile

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.