Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Sees Significant Increase in Short Interest

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant 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. Based on an average daily trading volume, of 77,627 shares, the days-to-cover ratio is currently 3.1 days. Currently, 3.1% of the company’s shares are short sold.

Institutional Trading of Invesco Dorsey Wright Emerging Markets Momentum ETF

Several large investors have recently added to or reduced their stakes in PIE. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 2.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 16,579 shares of the company’s stock valued at $392,000 after purchasing an additional 400 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 7.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,443 shares of the company’s stock valued at $152,000 after buying an additional 453 shares in the last quarter. Cetera Investment Advisers raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 6.4% during the fourth quarter. Cetera Investment Advisers now owns 11,610 shares of the company’s stock valued at $274,000 after buying an additional 700 shares during the period. MGB Wealth Management LLC raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock valued at $42,000 after buying an additional 750 shares during the period. Finally, MML Investors Services LLC raised its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 3.9% during the fourth quarter. MML Investors Services LLC now owns 32,360 shares of the company’s stock valued at $765,000 after buying an additional 1,203 shares during the period.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Up 1.6%

Shares of Invesco Dorsey Wright Emerging Markets Momentum ETF stock traded up $0.53 during trading on Tuesday, hitting $33.32. The stock had a trading volume of 22,273 shares, compared to its average volume of 65,802. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 1 year low of $22.58 and a 1 year high of $35.17. The stock has a 50 day simple moving average of $32.16 and a 200 day simple moving average of $30.08. The company has a market capitalization of $256.56 million, a PE ratio of 13.79 and a beta of 0.83.

Invesco Dorsey Wright Emerging Markets Momentum ETF Dividend Announcement

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

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.