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

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIEGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 78,878 shares, a decrease of 43.9% from the June 30th total of 140,621 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 135,997 shares, the short-interest ratio is presently 0.6 days.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Performance

Shares of NASDAQ PIE traded down $0.76 during midday trading on Wednesday, hitting $28.84. 44,841 shares of the company’s stock traded hands, compared to its average volume of 64,673. The stock has a market capitalization of $229.28 million, a price-to-earnings ratio of 13.79 and a beta of 0.81. The firm has a fifty day moving average of $32.16 and a 200 day moving average of $29.18. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 1 year low of $21.05 and a 1 year high of $35.17.

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 paid a dividend of $0.218 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.87 dividend on an annualized basis and a yield of 3.0%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PIE. Eagle Bay Advisors LLC purchased a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF during the 4th quarter valued at approximately $33,000. Sankala Group LLC purchased a new position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the fourth quarter valued at $43,000. MGB Wealth Management LLC raised its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock valued at $42,000 after purchasing an additional 750 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the 4th quarter worth $82,000. Finally, Fifth Third Bancorp purchased a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF in the first quarter worth about $143,000.

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.

Recommended Stories

Receive News & Ratings for Invesco Dorsey Wright Emerging Markets Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dorsey Wright Emerging Markets Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.