Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Down 78.5% in December

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 7,974 shares, a decline of 78.5% from the November 30th total of 37,023 shares. Based on an average daily trading volume, of 31,706 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 31,706 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Emerging Markets Momentum ETF

A number of hedge funds have recently modified their holdings of PIE. MGB Wealth Management LLC increased its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% in the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock worth $42,000 after buying an additional 750 shares during the last quarter. Founders Financial Alliance LLC grew its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 75.7% during the 3rd quarter. Founders Financial Alliance LLC now owns 2,498 shares of the company’s stock worth $61,000 after acquiring an additional 1,076 shares during the period. Jones Financial Companies Lllp increased its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 20.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,134 shares of the company’s stock worth $147,000 after acquiring an additional 1,031 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 12.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 12,960 shares of the company’s stock worth $271,000 after acquiring an additional 1,464 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF in the 3rd quarter valued at about $289,000.

Invesco Dorsey Wright Emerging Markets Momentum ETF Trading Up 0.3%

Shares of PIE traded up $0.07 on Friday, reaching $24.40. 17,709 shares of the company’s stock traded hands, compared to its average volume of 29,311. The stock’s 50 day simple moving average is $24.15 and its two-hundred day simple moving average is $23.06. The stock has a market cap of $120.78 million, a PE ratio of 13.79 and a beta of 0.72. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52-week low of $15.31 and a 52-week high of $24.78.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.242 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.97 dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08.

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.