Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) Short Interest Update

Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,548 shares, a decrease of 44.0% from the February 12th total of 2,762 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 6,602 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 6,602 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Healthcare Momentum ETF stock opened at $48.80 on Thursday. The stock’s 50 day simple moving average is $49.11 and its 200-day simple moving average is $47.59. The stock has a market cap of $122.49 million, a P/E ratio of 35.21 and a beta of 0.86. Invesco Dorsey Wright Healthcare Momentum ETF has a 1-year low of $33.56 and a 1-year high of $54.47.

Invesco Dorsey Wright Healthcare Momentum ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $1.5265 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $6.11 dividend on an annualized basis and a yield of 12.5%.

Institutional Trading of Invesco Dorsey Wright Healthcare Momentum ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 39.6% during the 1st quarter. Royal Bank of Canada now owns 13,153 shares of the company’s stock worth $519,000 after acquiring an additional 3,730 shares during the period. Jones Financial Companies Lllp increased its position in Invesco Dorsey Wright Healthcare Momentum ETF by 1,124.0% during the first quarter. Jones Financial Companies Lllp now owns 14,688 shares of the company’s stock worth $580,000 after purchasing an additional 13,488 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Invesco Dorsey Wright Healthcare Momentum ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 13,160 shares of the company’s stock worth $512,000 after purchasing an additional 472 shares during the last quarter. Bank of America Corp DE raised its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 101,502 shares of the company’s stock worth $3,946,000 after purchasing an additional 764 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% during the third quarter. Farther Finance Advisors LLC now owns 24,726 shares of the company’s stock worth $1,090,000 after purchasing an additional 273 shares during the period.

Invesco Dorsey Wright Healthcare Momentum ETF Company Profile

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.