Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Update

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 240,507 shares, a growth of 1,853.3% from the July 30th total of 12,313 shares. Based on an average daily volume of 77,627 shares, the short-interest ratio is currently 3.1 days. Approximately 3.1% of the company’s stock are short sold.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Up 1.6%

Shares of Invesco Dorsey Wright Emerging Markets Momentum ETF stock traded up $0.53 on Tuesday, hitting $33.32. 22,273 shares of the company traded hands, compared to its average volume of 65,802. The company has a 50-day moving average price of $32.16 and a 200 day moving average price of $30.08. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 12-month low of $22.58 and a 12-month high of $35.17. The company has a market cap of $256.56 million, a PE ratio of 13.79 and a beta of 0.83.

Invesco Dorsey Wright Emerging Markets Momentum ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.218 dividend. This represents a $0.87 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, June 22nd.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada grew its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.9% in the 1st quarter. Royal Bank of Canada now owns 45,347 shares of the company’s stock valued at $824,000 after buying an additional 2,122 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 330.7% during the 2nd quarter. Jane Street Group LLC now owns 162,292 shares of the company’s stock worth $3,398,000 after purchasing an additional 124,608 shares during the last quarter. MGB Wealth Management LLC increased its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the 2nd quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock worth $42,000 after purchasing an additional 750 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 12.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 12,960 shares of the company’s stock valued at $271,000 after purchasing an additional 1,464 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% during the 3rd quarter. UBS Group AG now owns 193,166 shares of the company’s stock valued at $4,713,000 after purchasing an additional 8,322 shares in the last quarter.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

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.