Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 5,603 shares, a drop of 64.8% from the August 15th total of 15,912 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 63,786 shares, the days-to-cover ratio is presently 0.1 days.
Invesco S&P Emerging Markets Momentum ETF Price Performance
NYSEARCA EEMO traded up $0.36 during trading hours on Friday, reaching $22.85. 2,076 shares of the company’s stock traded hands, compared to its average volume of 15,885. Invesco S&P Emerging Markets Momentum ETF has a 52-week low of $16.24 and a 52-week high of $26.17. The firm has a market cap of $26.28 million, a PE ratio of 14.69 and a beta of 0.92. The firm has a 50-day simple moving average of $21.60 and a 200 day simple moving average of $20.99.
Hedge Funds Weigh In On Invesco S&P Emerging Markets Momentum ETF
An institutional investor recently bought a new position in Invesco S&P Emerging Markets Momentum ETF stock. Foundations Investment Advisors LLC bought a new stake in shares of Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 14,744 shares of the company’s stock, valued at approximately $259,000. Foundations Investment Advisors LLC owned about 2.27% of Invesco S&P Emerging Markets Momentum ETF as of its most recent filing with the Securities & Exchange Commission.
About Invesco S&P Emerging Markets Momentum ETF
The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.
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