Short Interest in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Expands By 25.5%

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 7,236 shares, an increase of 25.5% from the December 31st total of 5,767 shares. Based on an average daily trading volume, of 23,486 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,486 shares, the short-interest ratio is presently 0.3 days.

Invesco Dorsey Wright Emerging Markets Momentum ETF Trading Down 0.4%

NASDAQ:PIE traded down $0.11 during trading hours on Monday, hitting $25.66. 19,533 shares of the stock were exchanged, compared to its average volume of 20,749. The firm’s fifty day moving average price is $24.71 and its 200 day moving average price is $23.89. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52-week low of $15.31 and a 52-week high of $27.13. The company has a market cap of $129.58 million, a P/E ratio of 13.79 and a beta of 0.72.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.242 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.97 annualized dividend and a yield of 3.8%. This is an increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08.

Institutional Investors Weigh In On Invesco Dorsey Wright Emerging Markets Momentum ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC purchased a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF during the fourth quarter worth $33,000. MGB Wealth Management LLC boosted its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock worth $42,000 after acquiring an additional 750 shares during the last quarter. Founders Financial Alliance LLC grew its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 75.7% during the 3rd quarter. Founders Financial Alliance LLC now owns 2,498 shares of the company’s stock valued at $61,000 after acquiring an additional 1,076 shares in the last quarter. Comerica Bank grew its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 368.6% during the 4th quarter. Comerica Bank now owns 6,045 shares of the company’s stock valued at $143,000 after acquiring an additional 4,755 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 20.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,134 shares of the company’s stock valued at $147,000 after acquiring an additional 1,031 shares during the last quarter.

Invesco Dorsey Wright Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.