Invesco Golden Dragon China ETF (NASDAQ:PGJ) Short Interest Update

Invesco Golden Dragon China ETF (NASDAQ:PGJ) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 17,900 shares, a drop of 73.1% from the October 15th total of 66,500 shares. Based on an average daily trading volume, of 150,200 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Invesco Golden Dragon China ETF

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its position in shares of Invesco Golden Dragon China ETF by 35.9% during the third quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock worth $186,000 after purchasing an additional 1,744 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in Invesco Golden Dragon China ETF in the 3rd quarter worth about $245,000. Commonwealth Equity Services LLC raised its holdings in Invesco Golden Dragon China ETF by 8.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 13,449 shares of the company’s stock worth $299,000 after buying an additional 1,005 shares during the period. Virtu Financial LLC purchased a new stake in Invesco Golden Dragon China ETF during the second quarter valued at about $775,000. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of Invesco Golden Dragon China ETF by 419.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 29,033 shares of the company’s stock worth $817,000 after buying an additional 23,445 shares during the period.

Invesco Golden Dragon China ETF Stock Performance

Shares of Invesco Golden Dragon China ETF stock traded down $0.27 during trading on Wednesday, hitting $25.41. 97,413 shares of the stock were exchanged, compared to its average volume of 86,563. The stock’s fifty day moving average is $26.13 and its 200 day moving average is $24.63. The stock has a market cap of $156.02 million, a PE ratio of 14.59 and a beta of 0.58. Invesco Golden Dragon China ETF has a 12 month low of $19.97 and a 12 month high of $31.97.

Invesco Golden Dragon China ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.152 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date was Monday, September 23rd.

Invesco Golden Dragon China ETF Company Profile

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.