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

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

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Lunt Capital Management Inc. lifted its position in Invesco DWA Emerging Markets Momentum ETF by 4.6% in the first quarter. Lunt Capital Management Inc. now owns 13,843 shares of the company’s stock worth $288,000 after purchasing an additional 608 shares during the period. MorganRosel Wealth Management LLC lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 4.1% during the 1st quarter. MorganRosel Wealth Management LLC now owns 30,767 shares of the company’s stock worth $641,000 after acquiring an additional 1,200 shares during the period. Maltin Wealth Management Inc. boosted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 8.7% during the 1st quarter. Maltin Wealth Management Inc. now owns 257,005 shares of the company’s stock valued at $5,353,000 after acquiring an additional 20,467 shares in the last quarter. Wealthspire Advisors LLC increased its stake in Invesco DWA Emerging Markets Momentum ETF by 2.3% in the fourth quarter. Wealthspire Advisors LLC now owns 50,301 shares of the company’s stock valued at $990,000 after acquiring an additional 1,121 shares during the period. Finally, Private Advisor Group LLC acquired a new position in Invesco DWA Emerging Markets Momentum ETF in the fourth quarter worth about $219,000.

Invesco DWA Emerging Markets Momentum ETF Trading Up 1.7 %

NASDAQ:PIE traded up $0.35 during trading hours on Friday, hitting $21.10. 20,108 shares of the company traded hands, compared to its average volume of 31,070. Invesco DWA Emerging Markets Momentum ETF has a twelve month low of $17.35 and a twelve month high of $21.81. The firm has a 50-day moving average of $20.74 and a 200 day moving average of $19.60. The stock has a market capitalization of $131.88 million, a price-to-earnings ratio of 10.06 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

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

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.