Short Interest in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) Drops By 93.5%

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZGet Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 61 shares, a decline of 93.5% from the August 15th total of 940 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 87,236 shares, the days-to-cover ratio is presently 0.0 days.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Down 1.1%

Shares of NASDAQ:PIZ traded down $0.61 during midday trading on Thursday, reaching $53.40. 43,433 shares of the company traded hands, compared to its average volume of 92,877. The firm’s fifty day moving average price is $53.24 and its two-hundred day moving average price is $53.98. The firm has a market capitalization of $750.27 million, a price-to-earnings ratio of 18.27 and a beta of 1.11. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12 month low of $45.74 and a 12 month high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.4503 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco Dorsey Wright Developed Markets Momentum ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Highland Investment Advisors LLC purchased a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the second quarter worth about $29,000. Garton & Associates Financial Advisors LLC purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter valued at approximately $41,000. Kestra Advisory Services LLC purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter valued at approximately $97,000. Flagship Wealth Advisors LLC purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter valued at approximately $122,000. Finally, Arax Advisory Partners bought a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $133,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

(Get Free Report)

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

See Also

Receive News & Ratings for Invesco Dorsey Wright Developed 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 Developed Markets Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.