Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Declines By 80.0%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 1,500 shares, a drop of 80.0% from the February 28th total of 7,500 shares. Based on an average daily volume of 31,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

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

Invesco DWA Emerging Markets Momentum ETF Stock Down 0.7 %

Shares of Invesco DWA Emerging Markets Momentum ETF stock traded down $0.14 on Wednesday, hitting $18.72. 18,003 shares of the company’s stock traded hands, compared to its average volume of 22,604. Invesco DWA Emerging Markets Momentum ETF has a 52-week low of $18.07 and a 52-week high of $22.15. The stock has a market cap of $102.02 million, a P/E ratio of 13.49 and a beta of 0.79. The firm’s 50-day moving average is $18.88 and its 200 day moving average is $19.60.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.008 per share. The ex-dividend date of this dividend is Monday, March 24th.

About Invesco DWA Emerging Markets Momentum ETF

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.