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

Invesco Global Water ETF (NASDAQ:PIO) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 2,789 shares, a drop of 61.4% from the June 30th total of 7,233 shares. Based on an average trading volume of 5,111 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Invesco Global Water ETF Stock Down 0.1%

Shares of PIO opened at $44.32 on Wednesday. Invesco Global Water ETF has a twelve month low of $42.09 and a twelve month high of $48.63. The company has a market capitalization of $270.35 million, a P/E ratio of 24.59 and a beta of 1.00. The firm has a 50 day moving average of $44.42 and a 200 day moving average of $45.32.

Invesco Global Water ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.3062 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.22 dividend on an annualized basis and a yield of 2.8%.

Institutional Trading of Invesco Global Water ETF

A number of institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its stake in shares of Invesco Global Water ETF by 614.1% in the 1st quarter. Jones Financial Companies Lllp now owns 13,568 shares of the company’s stock worth $544,000 after buying an additional 11,668 shares during the last quarter. CI Investments Inc. lifted its holdings in Invesco Global Water ETF by 18.2% in the fourth quarter. CI Investments Inc. now owns 10,407 shares of the company’s stock valued at $459,000 after acquiring an additional 1,600 shares during the period. Equitable Holdings Inc. purchased a new position in Invesco Global Water ETF in the fourth quarter worth about $270,000. Virtu Financial LLC purchased a new position in Invesco Global Water ETF in the fourth quarter worth about $265,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Invesco Global Water ETF by 26.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,301 shares of the company’s stock valued at $103,000 after buying an additional 488 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. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.