Invesco Golden Dragon China ETF (NASDAQ:PGJ) Sees Significant Growth in Short Interest

Invesco Golden Dragon China ETF (NASDAQ:PGJ) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 29,800 shares, an increase of 34.2% from the January 15th total of 22,200 shares. Based on an average daily volume of 74,000 shares, the short-interest ratio is presently 0.4 days.

Invesco Golden Dragon China ETF Trading Up 2.3 %

PGJ traded up $0.68 during trading on Friday, hitting $30.41. The company’s stock had a trading volume of 98,979 shares, compared to its average volume of 66,329. Invesco Golden Dragon China ETF has a twelve month low of $19.97 and a twelve month high of $31.97. The business’s fifty day simple moving average is $26.84 and its 200 day simple moving average is $25.57. The firm has a market capitalization of $161.48 million, a price-to-earnings ratio of 14.59 and a beta of 0.58.

Invesco Golden Dragon China ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0651 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco Golden Dragon China ETF

Institutional investors have recently made changes to their positions in the company. Sava Infond d.o.o. acquired a new stake in shares of Invesco Golden Dragon China ETF in the fourth quarter worth approximately $34,000. JPMorgan Chase & Co. boosted its stake in shares of Invesco Golden Dragon China ETF by 2,678.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,556 shares of the company’s stock worth $41,000 after acquiring an additional 1,500 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Invesco Golden Dragon China ETF by 35.9% in the third quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock worth $186,000 after acquiring an additional 1,744 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco Golden Dragon China ETF in the third quarter worth approximately $245,000. Finally, Jane Street Group LLC acquired a new stake in shares of Invesco Golden Dragon China ETF in the fourth quarter worth approximately $350,000.

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.