Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) Short Interest Down 77.0% in February

Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 2,762 shares, a drop of 77.0% from the January 29th total of 11,988 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 12,002 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 12,002 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Invesco Dorsey Wright Healthcare Momentum ETF Trading Up 0.2%

Shares of NASDAQ:PTH opened at $49.90 on Thursday. Invesco Dorsey Wright Healthcare Momentum ETF has a 12 month low of $33.56 and a 12 month high of $54.47. The company has a market capitalization of $125.25 million, a price-to-earnings ratio of 35.21 and a beta of 0.86. The firm’s 50-day moving average is $49.40 and its 200 day moving average is $46.89.

Invesco Dorsey Wright Healthcare Momentum ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $1.5265 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $6.11 dividend on an annualized basis and a dividend yield of 12.2%.

Institutional Investors Weigh In On Invesco Dorsey Wright Healthcare Momentum ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Captrust Financial Advisors grew its position in Invesco Dorsey Wright Healthcare Momentum ETF by 3.8% in the 4th quarter. Captrust Financial Advisors now owns 6,004 shares of the company’s stock valued at $298,000 after acquiring an additional 222 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 8.1% during the third quarter. Jones Financial Companies Lllp now owns 3,484 shares of the company’s stock worth $149,000 after purchasing an additional 261 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% during the third quarter. Farther Finance Advisors LLC now owns 24,726 shares of the company’s stock worth $1,090,000 after purchasing an additional 273 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 13,160 shares of the company’s stock valued at $512,000 after purchasing an additional 472 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 0.8% in the second quarter. Bank of America Corp DE now owns 101,502 shares of the company’s stock worth $3,946,000 after purchasing an additional 764 shares during the last quarter.

About Invesco Dorsey Wright Healthcare Momentum ETF

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.