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

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, a decrease of 84.2% from the October 31st total of 3,800 shares. Based on an average daily trading volume, of 21,800 shares, the short-interest ratio is currently 0.0 days.

Invesco DWA Emerging Markets Momentum ETF Stock Up 0.6 %

PIE stock traded up $0.12 during midday trading on Thursday, hitting $19.81. 15,504 shares of the company traded hands, compared to its average volume of 24,597. Invesco DWA Emerging Markets Momentum ETF has a twelve month low of $18.10 and a twelve month high of $22.15. The business has a 50 day simple moving average of $20.28 and a 200-day simple moving average of $20.69. The stock has a market capitalization of $121.83 million, a price-to-earnings ratio of 10.25 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.145 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.58 annualized dividend and a yield of 2.93%.

Hedge Funds Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. acquired a new position in Invesco DWA Emerging Markets Momentum ETF during the third quarter valued at approximately $1,999,000. M Holdings Securities Inc. grew its holdings in Invesco DWA Emerging Markets Momentum ETF by 21.6% during the third quarter. M Holdings Securities Inc. now owns 337,205 shares of the company’s stock valued at $6,953,000 after purchasing an additional 59,929 shares during the last quarter. Nicholson Wealth Management Group LLC acquired a new position in Invesco DWA Emerging Markets Momentum ETF during the third quarter valued at approximately $2,535,000. International Assets Investment Management LLC grew its holdings in Invesco DWA Emerging Markets Momentum ETF by 1,186,290.3% during the third quarter. International Assets Investment Management LLC now owns 7,213,253 shares of the company’s stock valued at $148,737,000 after purchasing an additional 7,212,645 shares during the last quarter. Finally, MorganRosel Wealth Management LLC grew its holdings in Invesco DWA Emerging Markets Momentum ETF by 3.3% during the third quarter. MorganRosel Wealth Management LLC now owns 32,167 shares of the company’s stock valued at $663,000 after purchasing an additional 1,036 shares during the last quarter.

About Invesco DWA 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.