Short Interest in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Increases By 1,853.3%

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 240,507 shares, an increase of 1,853.3% from the July 30th total of 12,313 shares. Approximately 3.1% of the shares of the company are sold short. Based on an average trading volume of 77,627 shares, the days-to-cover ratio is currently 3.1 days.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Up 0.9%

Shares of PIE stock opened at $33.62 on Thursday. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 12-month low of $22.58 and a 12-month high of $35.17. The company has a market capitalization of $258.87 million, a PE ratio of 13.79 and a beta of 0.83. The firm has a 50 day moving average price of $32.18 and a two-hundred day moving average price of $30.14.

Invesco Dorsey Wright Emerging Markets Momentum ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.218 per share. This represents a $0.87 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco Dorsey Wright Emerging Markets Momentum ETF

Several institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. increased its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 54.7% during the 3rd quarter. Raymond James Financial Inc. now owns 869,151 shares of the company’s stock worth $21,207,000 after buying an additional 307,189 shares during the period. Wells Fargo & Company MN boosted its position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 11.0% in the fourth quarter. Wells Fargo & Company MN now owns 606,771 shares of the company’s stock valued at $14,343,000 after acquiring an additional 60,112 shares during the period. UBS Group AG boosted its position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% in the third quarter. UBS Group AG now owns 193,166 shares of the company’s stock valued at $4,713,000 after acquiring an additional 8,322 shares during the period. Maltin Wealth Management Inc. boosted its position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.0% in the first quarter. Maltin Wealth Management Inc. now owns 181,424 shares of the company’s stock valued at $4,722,000 after acquiring an additional 14,932 shares during the period. Finally, Jane Street Group LLC grew its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 330.7% in the second quarter. Jane Street Group LLC now owns 162,292 shares of the company’s stock valued at $3,398,000 after acquiring an additional 124,608 shares in the last quarter.

Invesco Dorsey Wright 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. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.