Invesco Global Water ETF (NASDAQ:PIO) Short Interest Up 598.6% in June

Invesco Global Water ETF (NASDAQ:PIOGet Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 7,531 shares, an increase of 598.6% from the May 31st total of 1,078 shares. Based on an average daily trading volume, of 7,857 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the shares of the company are short sold.

Invesco Global Water ETF Stock Up 1.2%

Shares of NASDAQ PIO opened at $44.96 on Friday. The company has a market capitalization of $274.26 million, a PE ratio of 24.59 and a beta of 1.00. The stock’s 50 day moving average price is $44.80 and its 200-day moving average price is $45.26. Invesco Global Water ETF has a twelve month low of $42.09 and a twelve month high of $48.63.

Invesco Global Water ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a dividend of $0.3062 per share. This represents a $1.22 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, June 22nd.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PIO. Bank of America Corp DE raised its stake in shares of Invesco Global Water ETF by 2.9% during the 1st quarter. Bank of America Corp DE now owns 499,330 shares of the company’s stock worth $21,681,000 after purchasing an additional 13,958 shares during the period. UBS Group AG grew its position in Invesco Global Water ETF by 4.2% during the third quarter. UBS Group AG now owns 111,290 shares of the company’s stock valued at $4,996,000 after buying an additional 4,481 shares during the period. Citadel Advisors LLC grew its position in Invesco Global Water ETF by 198.0% during the third quarter. Citadel Advisors LLC now owns 66,120 shares of the company’s stock valued at $2,968,000 after buying an additional 43,929 shares during the period. Stifel Financial Corp increased its holdings in Invesco Global Water ETF by 0.7% during the fourth quarter. Stifel Financial Corp now owns 48,251 shares of the company’s stock worth $2,130,000 after buying an additional 351 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in Invesco Global Water ETF by 7.6% during the first quarter. Cetera Investment Advisers now owns 27,749 shares of the company’s stock worth $1,205,000 after buying an additional 1,954 shares during the last quarter.

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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