Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Short Interest Update

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 4,981 shares, a growth of 14.9% from the March 31st total of 4,336 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 3,558 shares, the short-interest ratio is presently 1.4 days.

Invesco S&P Emerging Markets Momentum ETF Price Performance

EEMO stock opened at $20.61 on Friday. The stock has a market capitalization of $13.40 million, a P/E ratio of 14.69 and a beta of 0.72. The business has a 50-day moving average of $18.33 and a 200-day moving average of $18.12. Invesco S&P Emerging Markets Momentum ETF has a fifty-two week low of $14.93 and a fifty-two week high of $20.61.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Fortis Capital Advisors LLC acquired a new position in shares of Invesco S&P Emerging Markets Momentum ETF during the fourth quarter worth about $523,000. Equitable Holdings Inc. boosted its position in shares of Invesco S&P Emerging Markets Momentum ETF by 4.4% during the third quarter. Equitable Holdings Inc. now owns 81,905 shares of the company’s stock worth $1,472,000 after buying an additional 3,438 shares during the period. Finally, Foundations Investment Advisors LLC acquired a new position in shares of Invesco S&P Emerging Markets Momentum ETF during the fourth quarter worth about $259,000.

About Invesco S&P Emerging Markets Momentum ETF

The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.