Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 5,603 shares, a decline of 64.8% from the August 15th total of 15,912 shares. Based on an average daily volume of 63,786 shares, the short-interest ratio is presently 0.1 days. Approximately 0.5% of the shares of the company are sold short.
Invesco S&P Emerging Markets Momentum ETF Trading Down 4.9%
NYSEARCA:EEMO opened at $21.74 on Tuesday. The firm has a market capitalization of $25.00 million, a PE ratio of 14.69 and a beta of 0.92. Invesco S&P Emerging Markets Momentum ETF has a 52 week low of $16.24 and a 52 week high of $26.17. The stock has a 50 day moving average of $21.57 and a 200-day moving average of $21.02.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Invesco S&P Emerging Markets Momentum ETF stock. Foundations Investment Advisors LLC acquired a new stake in shares of Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 14,744 shares of the company’s stock, valued at approximately $259,000. Foundations Investment Advisors LLC owned 2.27% of Invesco S&P Emerging Markets Momentum ETF at the end of the most recent reporting period.
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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