Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 51,467 shares, a growth of 107.2% from the July 15th total of 24,837 shares. Based on an average trading volume of 13,347 shares, the short-interest ratio is presently 3.9 days. Approximately 4.5% of the shares of the company are short sold.
Institutional Trading of Invesco S&P Emerging Markets Momentum ETF
Large investors have recently modified their holdings of the company. Foundations Investment Advisors LLC acquired a new position in Invesco S&P Emerging Markets Momentum ETF in the 4th quarter valued at $259,000. Fortis Capital Advisors LLC bought a new position in Invesco S&P Emerging Markets Momentum ETF in the 4th quarter worth $523,000. Finally, Equitable Holdings Inc. lifted its position in Invesco S&P Emerging Markets Momentum ETF by 4.4% during the 3rd quarter. Equitable Holdings Inc. now owns 81,905 shares of the company’s stock worth $1,472,000 after acquiring an additional 3,438 shares during the last quarter.
Invesco S&P Emerging Markets Momentum ETF Trading Up 0.3%
Invesco S&P Emerging Markets Momentum ETF stock traded up $0.06 during trading hours on Friday, reaching $22.10. 9,367 shares of the company were exchanged, compared to its average volume of 11,491. Invesco S&P Emerging Markets Momentum ETF has a 12 month low of $16.24 and a 12 month high of $26.17. The stock has a 50-day moving average of $22.18 and a 200 day moving average of $20.48. The firm has a market cap of $25.41 million, a price-to-earnings ratio of 14.69 and a beta of 0.90.
About Invesco S&P Emerging Markets Momentum ETF
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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