Short Interest in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Decreases By 49.2%

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 3,000 shares, a decrease of 49.2% from the June 15th total of 5,900 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is currently 0.2 days.

Invesco DWA Developed Markets Momentum ETF Trading Up 1.0 %

Shares of NASDAQ:PIZ traded up $0.35 during trading on Friday, reaching $36.94. The stock had a trading volume of 9,477 shares, compared to its average volume of 15,155. The firm’s 50-day simple moving average is $35.48 and its 200 day simple moving average is $33.86. Invesco DWA Developed Markets Momentum ETF has a one year low of $27.16 and a one year high of $37.12. The company has a market capitalization of $134.83 million, a P/E ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.2017 dividend. This is a positive change from Invesco DWA Developed Markets Momentum ETF’s previous quarterly dividend of $0.09. This represents a $0.81 annualized dividend and a yield of 2.18%. The ex-dividend date was Monday, June 24th.

Institutional Trading of Invesco DWA Developed Markets Momentum ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Refined Wealth Management boosted its stake in Invesco DWA Developed Markets Momentum ETF by 6.5% in the 4th quarter. Refined Wealth Management now owns 75,463 shares of the company’s stock worth $2,397,000 after purchasing an additional 4,610 shares in the last quarter. PFG Investments LLC grew its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 239.5% during the fourth quarter. PFG Investments LLC now owns 28,828 shares of the company’s stock valued at $916,000 after buying an additional 20,336 shares during the last quarter. Trueblood Wealth Management LLC acquired a new position in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter valued at $797,000. Lunt Capital Management Inc. raised its stake in Invesco DWA Developed Markets Momentum ETF by 2.0% in the 1st quarter. Lunt Capital Management Inc. now owns 17,850 shares of the company’s stock worth $615,000 after acquiring an additional 357 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Invesco DWA Developed Markets Momentum ETF by 24.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock worth $391,000 after acquiring an additional 2,237 shares during the period.

About Invesco DWA Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.