Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 15,912 shares, a drop of 69.1% from the July 30th total of 51,467 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average daily volume of 18,181 shares, the short-interest ratio is currently 0.9 days.
Invesco S&P Emerging Markets Momentum ETF Stock Down 0.8%
Shares of NYSEARCA EEMO traded down $0.19 during trading on Friday, reaching $22.24. 3,086 shares of the stock were exchanged, compared to its average volume of 14,715. The business’s 50-day moving average price is $21.84 and its 200 day moving average price is $20.73. Invesco S&P Emerging Markets Momentum ETF has a twelve month low of $16.24 and a twelve month high of $26.17. The company has a market capitalization of $25.58 million, a price-to-earnings ratio of 14.69 and a beta of 0.90.
Institutional Investors Weigh In On Invesco S&P Emerging Markets Momentum ETF
A hedge fund recently bought a new stake in Invesco S&P Emerging Markets Momentum ETF stock. Foundations Investment Advisors LLC acquired a new position in Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 14,744 shares of the company’s stock, valued at approximately $259,000. Foundations Investment Advisors LLC owned approximately 2.27% of Invesco S&P Emerging Markets Momentum ETF at the end of the most recent reporting period.
Invesco S&P Emerging Markets Momentum ETF Company Profile
The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.
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