Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 800 shares, a decline of 81.4% from the February 13th total of 4,300 shares. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Invesco Global Water ETF Stock Performance

Shares of NASDAQ PIO traded up $0.10 during midday trading on Wednesday, hitting $40.26. 11,712 shares of the stock traded hands, compared to its average volume of 14,706. The firm has a market capitalization of $251.63 million, a P/E ratio of 25.31 and a beta of 1.05. Invesco Global Water ETF has a one year low of $38.35 and a one year high of $43.54. The firm has a 50-day moving average of $40.42 and a two-hundred day moving average of $40.99.

Invesco Global Water ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0496 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco Global Water ETF

Institutional investors have recently bought and sold shares of the stock. Ifrah Financial Services Inc. grew its holdings in Invesco Global Water ETF by 2.4% during the fourth quarter. Ifrah Financial Services Inc. now owns 12,385 shares of the company’s stock valued at $484,000 after purchasing an additional 288 shares during the period. HighTower Advisors LLC grew its stake in shares of Invesco Global Water ETF by 6.0% during the 4th quarter. HighTower Advisors LLC now owns 5,577 shares of the company’s stock valued at $218,000 after acquiring an additional 316 shares during the period. FMR LLC increased its holdings in Invesco Global Water ETF by 22.2% in the 3rd quarter. FMR LLC now owns 2,577 shares of the company’s stock worth $111,000 after acquiring an additional 469 shares in the last quarter. Corient Private Wealth LLC raised its stake in Invesco Global Water ETF by 11.1% during the 4th quarter. Corient Private Wealth LLC now owns 5,245 shares of the company’s stock worth $205,000 after acquiring an additional 525 shares during the period. Finally, LPL Financial LLC raised its stake in Invesco Global Water ETF by 0.7% during the 4th quarter. LPL Financial LLC now owns 84,194 shares of the company’s stock worth $3,289,000 after acquiring an additional 606 shares during the period.

Invesco Global Water ETF Company Profile

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index.