Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Short Interest Update

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 24,837 shares, a decrease of 69.2% from the June 30th total of 80,600 shares. Based on an average daily volume of 34,315 shares, the days-to-cover ratio is presently 0.7 days. Approximately 2.2% of the shares of the stock are short sold.

Invesco S&P Emerging Markets Momentum ETF Trading Down 4.4%

Shares of Invesco S&P Emerging Markets Momentum ETF stock traded down $0.90 during trading on Tuesday, reaching $19.53. The company’s stock had a trading volume of 14,743 shares, compared to its average volume of 10,579. Invesco S&P Emerging Markets Momentum ETF has a one year low of $16.24 and a one year high of $26.17. The stock has a market capitalization of $22.46 million, a P/E ratio of 14.69 and a beta of 0.87. The stock has a 50-day moving average price of $22.89 and a two-hundred day moving average price of $20.27.

Institutional Trading of Invesco S&P Emerging Markets Momentum ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Foundations Investment Advisors LLC acquired a new stake in shares of Invesco S&P Emerging Markets Momentum ETF in the 4th quarter valued at approximately $259,000. Fortis Capital Advisors LLC acquired a new position in Invesco S&P Emerging Markets Momentum ETF during the fourth quarter valued at approximately $523,000. Finally, Equitable Holdings Inc. increased its stake in Invesco S&P Emerging Markets Momentum ETF by 4.4% in the third quarter. Equitable Holdings Inc. now owns 81,905 shares of the company’s stock valued at $1,472,000 after purchasing an additional 3,438 shares in the last quarter.

About Invesco S&P Emerging Markets Momentum ETF

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.