Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Increases By 170.0%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 5,400 shares, a growth of 170.0% from the March 31st total of 2,000 shares. Based on an average daily volume of 24,200 shares, the days-to-cover ratio is currently 0.2 days.

Invesco DWA Emerging Markets Momentum ETF Stock Up 1.7 %

Shares of NASDAQ:PIE traded up $0.35 during midday trading on Friday, reaching $21.10. The company’s stock had a trading volume of 20,108 shares, compared to its average volume of 31,070. The firm has a 50 day moving average of $20.76 and a 200-day moving average of $19.63. The firm has a market capitalization of $131.88 million, a P/E ratio of 9.92 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a 12-month low of $17.35 and a 12-month high of $21.81.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.0268 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Monday, March 18th.

Hedge Funds Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several large investors have recently made changes to their positions in PIE. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 1.3% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 434,786 shares of the company’s stock valued at $8,561,000 after acquiring an additional 5,607 shares in the last quarter. Lunt Capital Management Inc. bought a new stake in Invesco DWA Emerging Markets Momentum ETF during the 3rd quarter valued at about $513,000. NewSquare Capital LLC raised its holdings in Invesco DWA Emerging Markets Momentum ETF by 261.9% in the fourth quarter. NewSquare Capital LLC now owns 702,008 shares of the company’s stock worth $13,823,000 after buying an additional 508,046 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Invesco DWA Emerging Markets Momentum ETF in the fourth quarter worth about $420,000. Finally, Maltin Wealth Management Inc. lifted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 0.3% in the fourth quarter. Maltin Wealth Management Inc. now owns 236,538 shares of the company’s stock worth $4,657,000 after buying an additional 799 shares in the last quarter.

Invesco DWA 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.