Short Interest in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) Declines By 93.5%

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 61 shares, a drop of 93.5% from the August 15th total of 940 shares. Based on an average daily volume of 87,236 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Formidable Asset Management LLC boosted its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 133.9% during the first quarter. Formidable Asset Management LLC now owns 19,100 shares of the company’s stock valued at $936,000 after purchasing an additional 10,935 shares in the last quarter. PFG Investments LLC raised its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 183.0% in the first quarter. PFG Investments LLC now owns 18,443 shares of the company’s stock worth $913,000 after purchasing an additional 11,926 shares in the last quarter. Kestra Private Wealth Services LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the first quarter worth about $2,153,000. Petra Financial Advisors Inc. purchased a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the first quarter valued at about $681,000. Finally, UBS Group AG lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 7.0% during the fourth quarter. UBS Group AG now owns 294,971 shares of the company’s stock valued at $14,449,000 after buying an additional 19,183 shares during the last quarter.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 1.1%

PIZ stock traded up $0.60 during trading on Friday, hitting $54.00. 14,744 shares of the company’s stock traded hands, compared to its average volume of 92,428. The firm has a market capitalization of $758.70 million, a P/E ratio of 18.27 and a beta of 1.11. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $45.74 and a 1 year high of $59.47. The business has a fifty day simple moving average of $53.22 and a two-hundred day simple moving average of $53.98.

Invesco Dorsey Wright Developed Markets Momentum ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.4503 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.3%.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.