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

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 51,467 shares, a growth of 107.2% from the July 15th total of 24,837 shares. Currently, 4.5% of the company’s stock are sold short. Based on an average trading volume of 13,347 shares, the days-to-cover ratio is presently 3.9 days.

Hedge Funds Weigh In On Invesco S&P Emerging Markets Momentum ETF

Institutional investors have recently modified their holdings of the business. Foundations Investment Advisors LLC bought a new position in Invesco S&P Emerging Markets Momentum ETF in the 4th quarter valued at $259,000. Fortis Capital Advisors LLC bought a new stake in shares of Invesco S&P Emerging Markets Momentum ETF during the 4th quarter worth $523,000. Finally, Equitable Holdings Inc. boosted its holdings in shares of Invesco S&P Emerging Markets Momentum ETF by 4.4% in the 3rd 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 last quarter.

Invesco S&P Emerging Markets Momentum ETF Stock Performance

Invesco S&P Emerging Markets Momentum ETF stock opened at $22.10 on Monday. Invesco S&P Emerging Markets Momentum ETF has a fifty-two week low of $16.24 and a fifty-two week high of $26.17. The firm’s 50-day simple moving average is $22.18 and its 200 day simple moving average is $20.50. The stock has a market cap of $25.41 million, a PE ratio of 14.69 and a beta of 0.90.

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.