Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) Stock Short Interest Report for September

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 59,637 shares, a growth of 260.6% from the September 15th total of 16,538 shares. Based on an average daily trading volume, of 25,904 shares, the short-interest ratio is presently 2.3 days. Approximately 0.5% of the company’s shares are short sold.

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

Several institutional investors and hedge funds have recently modified their holdings of PIZ. Highland Investment Advisors LLC purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth approximately $29,000. Kestra Advisory Services LLC raised its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 164.1% during the first quarter. Kestra Advisory Services LLC now owns 5,235 shares of the company’s stock valued at $259,000 after purchasing an additional 3,253 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the second quarter valued at approximately $309,000. Kane Investment Management Inc. lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.0% during the fourth quarter. Kane Investment Management Inc. now owns 7,699 shares of the company’s stock worth $377,000 after purchasing an additional 567 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC acquired a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the first quarter worth $379,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 0.3%

Shares of Invesco Dorsey Wright Developed Markets Momentum ETF stock traded up $0.17 during trading hours on Friday, hitting $50.96. The company’s stock had a trading volume of 40,228 shares, compared to its average volume of 87,398. The business has a fifty day moving average of $53.36 and a 200 day moving average of $54.08. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1-year low of $45.74 and a 1-year high of $59.47. The company has a market capitalization of $634.45 million, a PE ratio of 18.27 and a beta of 1.10.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a $0.1275 dividend. This represents a $0.51 annualized dividend and a yield of 1.0%. This is a drop from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.4502. The ex-dividend date of this dividend was Monday, September 21st.

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.