Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 15,912 shares, a decline of 69.1% from the July 30th total of 51,467 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily volume of 18,181 shares, the short-interest ratio is presently 0.9 days.
Hedge Funds Weigh In On Invesco S&P Emerging Markets Momentum ETF
A hedge fund recently bought a new stake in Invesco S&P Emerging Markets Momentum ETF stock. Foundations Investment Advisors LLC purchased a new position in shares of Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,744 shares of the company’s stock, valued at approximately $259,000. Foundations Investment Advisors LLC owned approximately 2.27% of Invesco S&P Emerging Markets Momentum ETF as of its most recent SEC filing.
Invesco S&P Emerging Markets Momentum ETF Stock Performance
Invesco S&P Emerging Markets Momentum ETF stock opened at $22.22 on Thursday. The company has a market capitalization of $25.55 million, a P/E ratio of 14.69 and a beta of 0.90. The stock has a 50-day simple moving average of $21.97 and a 200-day simple moving average of $20.69. Invesco S&P Emerging Markets Momentum ETF has a fifty-two week low of $16.24 and a fifty-two week high of $26.17.
Invesco S&P Emerging Markets Momentum ETF Company Profile
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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