Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Sees Large Growth in Short Interest

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,200 shares, a growth of 2,100.0% from the September 30th total of 100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Invesco S&P Emerging Markets Momentum ETF Stock Down 0.1%

Shares of NYSEARCA:EEMO opened at $18.25 on Wednesday. The company’s fifty day moving average is $17.81 and its two-hundred day moving average is $16.81. Invesco S&P Emerging Markets Momentum ETF has a 12-month low of $12.85 and a 12-month high of $18.41. The company has a market cap of $12.78 million, a P/E ratio of 14.69 and a beta of 0.66.

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.