Invesco Global Water ETF (NASDAQ:PIO) Sees Significant Increase in Short Interest

Invesco Global Water ETF (NASDAQ:PIO) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,350 shares, a growth of 55.4% from the July 30th total of 869 shares. Based on an average daily volume of 5,393 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Invesco Global Water ETF Stock Up 0.2%

NASDAQ:PIO traded up $0.08 during trading hours on Wednesday, hitting $44.11. 303 shares of the stock traded hands, compared to its average volume of 10,898. The company has a market cap of $269.07 million, a price-to-earnings ratio of 24.59 and a beta of 0.99. Invesco Global Water ETF has a 1 year low of $42.09 and a 1 year high of $48.63. The stock has a 50 day moving average price of $44.99 and a 200 day moving average price of $45.06.

Invesco Global Water ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.3062 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.22 annualized dividend and a yield of 2.8%.

Institutional Investors Weigh In On Invesco Global Water ETF

Several large investors have recently made changes to their positions in PIO. Whittier Trust Co. bought a new position in Invesco Global Water ETF during the first quarter valued at $31,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Invesco Global Water ETF in the 4th quarter worth about $33,000. Brown Brothers Harriman & Co. bought a new stake in shares of Invesco Global Water ETF in the 4th quarter worth about $33,000. Trust Co. of Vermont purchased a new stake in shares of Invesco Global Water ETF during the 2nd quarter valued at about $40,000. Finally, Union Savings Bank purchased a new stake in shares of Invesco Global Water ETF during the 4th quarter valued at about $43,000.

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.