Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Update

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,600 shares, an increase of 21.7% from the August 15th total of 4,600 shares. Based on an average trading volume of 37,100 shares, the short-interest ratio is currently 0.2 days.

Shares of PIZ stock traded up $0.66 during trading on Wednesday, reaching $40.80. The company’s stock had a trading volume of 8,067 shares, compared to its average volume of 36,989. Invesco DWA Developed Markets Momentum ETF has a 1-year low of $29.64 and a 1-year high of $43.09. The stock’s 50-day moving average price is $40.41 and its 200 day moving average price is $37.71.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 30th. Investors of record on Tuesday, September 21st will be given a $0.066 dividend. The ex-dividend date of this dividend is Monday, September 20th. This represents a $0.26 annualized dividend and a yield of 0.65%.

A number of hedge funds have recently added to or reduced their stakes in PIZ. Bank of Montreal Can grew its stake in Invesco DWA Developed Markets Momentum ETF by 397.5% in the 2nd quarter. Bank of Montreal Can now owns 995 shares of the company’s stock valued at $38,000 after acquiring an additional 795 shares during the last quarter. FMR LLC purchased a new position in shares of Invesco DWA Developed Markets Momentum ETF during the 1st quarter worth about $46,000. Eagle Bay Advisors LLC purchased a new position in Invesco DWA Developed Markets Momentum ETF in the second quarter valued at approximately $195,000. Benjamin F. Edwards & Company Inc. raised its holdings in Invesco DWA Developed Markets Momentum ETF by 14.4% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 5,215 shares of the company’s stock valued at $177,000 after buying an additional 655 shares during the period. Finally, Diligent Investors LLC purchased a new position in Invesco DWA Developed Markets Momentum ETF in the second quarter valued at approximately $203,000.

Invesco DWA 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.

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