Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Down 78.5% in December

by · The Markets Daily

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE – Get Free Report) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 7,974 shares, a decrease of 78.5% from the November 30th total of 37,023 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 31,706 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 31,706 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of Invesco Dorsey Wright Emerging Markets Momentum ETF

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp increased its position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 48,217.4% in the first quarter. Jones Financial Companies Lllp now owns 1,261,084 shares of the company’s stock valued at $22,927,000 after buying an additional 1,258,474 shares in the last quarter. Raymond James Financial Inc. grew its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 54.7% in the 3rd quarter. Raymond James Financial Inc. now owns 869,151 shares of the company’s stock valued at $21,207,000 after acquiring an additional 307,189 shares during the last quarter. M Holdings Securities Inc. increased its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.1% during the 2nd quarter. M Holdings Securities Inc. now owns 411,704 shares of the company’s stock valued at $8,620,000 after acquiring an additional 34,174 shares in the last quarter. UBS Group AG raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% during the third quarter. UBS Group AG now owns 193,166 shares of the company’s stock worth $4,713,000 after acquiring an additional 8,322 shares during the last quarter. Finally, NewSquare Capital LLC lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 7.5% in the third quarter. NewSquare Capital LLC now owns 183,463 shares of the company’s stock valued at $4,476,000 after purchasing an additional 12,727 shares in the last quarter.

Invesco Dorsey Wright Emerging Markets Momentum ETF Trading Up 0.3%

Shares of NASDAQ:PIE traded up $0.07 on Friday, reaching $24.40. 16,660 shares of the company were exchanged, compared to its average volume of 29,306. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 1-year low of $15.31 and a 1-year high of $24.78. The firm has a market cap of $120.76 million, a price-to-earnings ratio of 13.79 and a beta of 0.72. The company has a 50-day moving average of $24.13 and a 200-day moving average of $23.03.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be paid a $0.242 dividend. This represents a $0.97 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08.

Invesco Dorsey Wright Emerging Markets Momentum ETF Company Profile

(Get Free Report)

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.

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