Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) Short Interest Up 211.2% in February

Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 5,150 shares, a growth of 211.2% from the January 29th total of 1,655 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 3,294 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 3,294 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco Dorsey Wright Utilities Momentum ETF

A number of hedge funds have recently made changes to their positions in the business. Transamerica Financial Advisors LLC boosted its holdings in Invesco Dorsey Wright Utilities Momentum ETF by 124,900.8% in the second quarter. Transamerica Financial Advisors LLC now owns 330,002 shares of the company’s stock valued at $13,804,000 after purchasing an additional 329,738 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Invesco Dorsey Wright Utilities Momentum ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 103,157 shares of the company’s stock valued at $4,496,000 after buying an additional 2,816 shares during the last quarter. ROI Financial Advisors LLC boosted its stake in shares of Invesco Dorsey Wright Utilities Momentum ETF by 3.0% during the 2nd quarter. ROI Financial Advisors LLC now owns 45,084 shares of the company’s stock valued at $1,886,000 after buying an additional 1,297 shares during the last quarter. IMC Chicago LLC increased its stake in shares of Invesco Dorsey Wright Utilities Momentum ETF by 6.2% in the fourth quarter. IMC Chicago LLC now owns 25,852 shares of the company’s stock worth $1,127,000 after buying an additional 1,519 shares during the last quarter. Finally, Fifth Third Securities Inc. increased its stake in shares of Invesco Dorsey Wright Utilities Momentum ETF by 5.9% in the fourth quarter. Fifth Third Securities Inc. now owns 17,031 shares of the company’s stock worth $742,000 after buying an additional 956 shares during the last quarter.

Invesco Dorsey Wright Utilities Momentum ETF Stock Up 0.4%

Shares of NASDAQ PUI traded up $0.17 during midday trading on Friday, hitting $48.35. The stock had a trading volume of 1,730 shares, compared to its average volume of 6,080. Invesco Dorsey Wright Utilities Momentum ETF has a 1-year low of $36.90 and a 1-year high of $49.30. The company has a market capitalization of $53.18 million, a price-to-earnings ratio of 20.63 and a beta of 0.66. The company has a fifty day moving average price of $45.06 and a 200 day moving average price of $45.24.

Invesco Dorsey Wright Utilities Momentum ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.2504 per share. This is an increase from Invesco Dorsey Wright Utilities Momentum ETF’s previous quarterly dividend of $0.22. This represents a $1.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Monday, December 22nd.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index). The Fund normally invests at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer discretionary, information technology, telecommunication services and utilities.