Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 869 shares, a decrease of 68.8% from the July 15th total of 2,789 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,104 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Invesco Global Water ETF by 2.9% during the 1st quarter. Bank of America Corp DE now owns 499,330 shares of the company’s stock worth $21,681,000 after acquiring an additional 13,958 shares during the last quarter. UBS Group AG lifted its holdings in Invesco Global Water ETF by 4.2% during the 3rd quarter. UBS Group AG now owns 111,290 shares of the company’s stock valued at $4,996,000 after purchasing an additional 4,481 shares during the last quarter. Citadel Advisors LLC lifted its holdings in Invesco Global Water ETF by 198.0% during the 3rd quarter. Citadel Advisors LLC now owns 66,120 shares of the company’s stock valued at $2,968,000 after purchasing an additional 43,929 shares during the last quarter. Stifel Financial Corp boosted its position in Invesco Global Water ETF by 0.7% during the fourth quarter. Stifel Financial Corp now owns 48,251 shares of the company’s stock worth $2,130,000 after purchasing an additional 351 shares during the period. Finally, Cetera Investment Advisers boosted its position in Invesco Global Water ETF by 7.6% during the first quarter. Cetera Investment Advisers now owns 27,749 shares of the company’s stock worth $1,205,000 after purchasing an additional 1,954 shares during the period.

Invesco Global Water ETF Stock Performance

NASDAQ:PIO traded down $0.42 during mid-day trading on Friday, hitting $45.09. The stock had a trading volume of 19,908 shares, compared to its average volume of 11,352. Invesco Global Water ETF has a twelve month low of $42.09 and a twelve month high of $48.63. The stock has a market cap of $275.05 million, a price-to-earnings ratio of 24.59 and a beta of 0.99. The company’s 50 day simple moving average is $44.82 and its 200 day simple moving average is $45.27.

Invesco Global Water ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.3062 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.22 annualized dividend and a yield of 2.7%.

Invesco Global Water ETF Company Profile

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.