Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Down 82.2% in January

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 5,200 shares, a drop of 82.2% from the December 31st total of 29,200 shares. Based on an average daily trading volume, of 28,300 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco DWA Developed Markets Momentum ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco DWA Developed Markets Momentum ETF by 44.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock valued at $24,092,000 after purchasing an additional 196,544 shares during the period. Apollon Wealth Management LLC bought a new stake in Invesco DWA Developed Markets Momentum ETF in the 3rd quarter valued at $204,000. Finally, Lunt Capital Management Inc. acquired a new position in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter valued at $293,000.

Invesco DWA Developed Markets Momentum ETF Stock Up 0.1 %

Shares of PIZ stock traded up $0.03 during trading hours on Tuesday, reaching $38.02. 7,657 shares of the company’s stock were exchanged, compared to its average volume of 34,039. Invesco DWA Developed Markets Momentum ETF has a fifty-two week low of $31.85 and a fifty-two week high of $38.97. The stock has a market capitalization of $184.40 million, a P/E ratio of 20.28 and a beta of 1.00. The business has a fifty day moving average price of $37.27 and a 200-day moving average price of $36.90.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.2876 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA Developed Markets Momentum ETF Company Profile

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.