Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Expands By 200.0%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 7,500 shares, an increase of 200.0% from the February 13th total of 2,500 shares. Based on an average trading volume of 29,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Invesco DWA Emerging Markets Momentum ETF Price Performance

NASDAQ PIE opened at $19.06 on Friday. The company has a market cap of $103.88 million, a P/E ratio of 13.49 and a beta of 0.79. The stock has a 50-day moving average of $18.85 and a two-hundred day moving average of $19.67. Invesco DWA Emerging Markets Momentum ETF has a 1-year low of $18.07 and a 1-year high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0369 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Invesco DWA Emerging Markets Momentum ETF

Institutional investors have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC boosted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 27.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock valued at $138,000 after buying an additional 1,545 shares during the period. Carolinas Wealth Consulting LLC boosted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 6.5% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 9,851 shares of the company’s stock valued at $189,000 after buying an additional 599 shares during the period. Whipplewood Advisors LLC purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the 4th quarter valued at about $362,000. MorganRosel Wealth Management LLC boosted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 9.3% in the 4th quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock valued at $676,000 after buying an additional 2,994 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 30.8% in the 4th quarter. Jane Street Group LLC now owns 46,585 shares of the company’s stock valued at $895,000 after buying an additional 10,967 shares during the period.

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.