Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Short Interest Update

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 6,316 shares, an increase of 132.1% from the December 31st total of 2,721 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 3,517 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily volume of 3,517 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.0% of the company’s stock are sold short.

Invesco S&P Emerging Markets Momentum ETF Trading Down 2.5%

Shares of Invesco S&P Emerging Markets Momentum ETF stock traded down $0.48 on Friday, reaching $18.39. 4,226 shares of the company were exchanged, compared to its average volume of 4,276. The company has a market capitalization of $11.95 million, a price-to-earnings ratio of 14.69 and a beta of 0.66. Invesco S&P Emerging Markets Momentum ETF has a one year low of $12.85 and a one year high of $18.89. The company has a 50-day moving average of $17.93 and a 200 day moving average of $17.75.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P Emerging Markets Momentum ETF stock. Fortis Capital Advisors LLC acquired a new stake in Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 29,778 shares of the company’s stock, valued at approximately $523,000. Fortis Capital Advisors LLC owned 4.58% of Invesco S&P Emerging Markets Momentum ETF at the end of the most recent reporting period.

Invesco S&P Emerging Markets Momentum ETF Company Profile

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.