Short Interest in Invesco Global Water ETF (NASDAQ:PIO) Decreases By 47.1%

Invesco Global Water ETF (NASDAQ:PIO – Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 357 shares, a decrease of 47.1% from the April 15th total of 675 shares. Based on an average daily volume of 8,074 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco Global Water ETF Stock Down 2.0%

Shares of PIO stock traded down $0.88 during trading hours on Friday, reaching $43.57. 9,164 shares of the stock traded hands, compared to its average volume of 14,344. Invesco Global Water ETF has a 1-year low of $42.09 and a 1-year high of $48.63. The business has a fifty day moving average price of $44.82 and a 200 day moving average price of $45.43. The firm has a market capitalization of $265.78 million, a PE ratio of 24.59 and a beta of 1.03.

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Invesco Global Water ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.0449 per share. This is an increase from Invesco Global Water ETF’s previous quarterly dividend of $0.04. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Institutional Investors Weigh In On Invesco Global Water ETF

Large investors have recently made changes to their positions in the company. CI Investments Inc. raised its holdings in shares of Invesco Global Water ETF by 18.2% during the fourth quarter. CI Investments Inc. now owns 10,407 shares of the company’s stock valued at $459,000 after acquiring an additional 1,600 shares during the period. Ameriprise Financial Inc. lifted its position in Invesco Global Water ETF by 4.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,663 shares of the company’s stock worth $434,000 after buying an additional 423 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in Invesco Global Water ETF in the 4th quarter worth approximately $270,000. Virtu Financial LLC purchased a new stake in Invesco Global Water ETF in the 4th quarter worth approximately $265,000. Finally, Intesa Sanpaolo Wealth Management purchased a new stake in Invesco Global Water ETF in the 4th quarter worth approximately $33,000.

Invesco Global Water ETF Company Profile

(Get Free Report)

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.

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