Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Update

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,000 shares, a decline of 23.1% from the January 15th total of 1,300 shares. Based on an average daily trading volume, of 24,900 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several large investors have recently made changes to their positions in PIE. International Assets Investment Management LLC raised its position in shares of Invesco DWA Emerging Markets Momentum ETF by 1,186,290.3% in the 3rd quarter. International Assets Investment Management LLC now owns 7,213,253 shares of the company’s stock worth $148,737,000 after purchasing an additional 7,212,645 shares during the last quarter. Nicholson Wealth Management Group LLC purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF during the third quarter valued at approximately $2,535,000. M Holdings Securities Inc. lifted its position in Invesco DWA Emerging Markets Momentum ETF by 21.6% during the third quarter. M Holdings Securities Inc. now owns 337,205 shares of the company’s stock valued at $6,953,000 after purchasing an additional 59,929 shares during the period. Benjamin Edwards Inc. bought a new stake in Invesco DWA Emerging Markets Momentum ETF in the 3rd quarter worth approximately $1,999,000. Finally, Maltin Wealth Management Inc. lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 2.0% during the 4th quarter. Maltin Wealth Management Inc. now owns 304,240 shares of the company’s stock valued at $5,848,000 after buying an additional 6,003 shares during the period.

Invesco DWA Emerging Markets Momentum ETF Stock Performance

PIE stock opened at $19.08 on Friday. The business’s 50 day moving average price is $19.17 and its two-hundred day moving average price is $19.85. The company has a market capitalization of $103.99 million, a price-to-earnings ratio of 10.25 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $18.07 and a fifty-two week high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.0369 dividend. The ex-dividend date was Monday, December 23rd.

Invesco DWA Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.