Short Interest in Invesco Global Water ETF (NASDAQ:PIO) Expands By 200.0%

Invesco Global Water ETF (NASDAQ:PIO) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 300 shares, an increase of 200.0% from the November 30th total of 100 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Invesco Global Water ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp increased its holdings in shares of Invesco Global Water ETF by 2.1% in the third quarter. Stifel Financial Corp now owns 45,996 shares of the company’s stock valued at $1,982,000 after purchasing an additional 951 shares during the last quarter. FMR LLC boosted its position in shares of Invesco Global Water ETF by 22.2% during the 3rd quarter. FMR LLC now owns 2,577 shares of the company’s stock worth $111,000 after purchasing an additional 469 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Invesco Global Water ETF by 1.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 17,852 shares of the company’s stock valued at $721,000 after buying an additional 299 shares in the last quarter. Vima LLC increased its stake in Invesco Global Water ETF by 5.4% during the third quarter. Vima LLC now owns 7,068 shares of the company’s stock worth $304,000 after purchasing an additional 365 shares during the period. Finally, US Bancorp DE boosted its position in Invesco Global Water ETF by 73.0% in the 3rd quarter. US Bancorp DE now owns 1,989 shares of the company’s stock valued at $86,000 after buying an additional 839 shares during the period.

Invesco Global Water ETF Price Performance

NASDAQ:PIO traded down $0.07 during trading hours on Friday, reaching $39.47. The company had a trading volume of 38,383 shares, compared to its average volume of 8,625. Invesco Global Water ETF has a 1-year low of $37.57 and a 1-year high of $43.54. The business’s 50 day moving average price is $40.89 and its 200-day moving average price is $41.21. The firm has a market cap of $262.48 million, a PE ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0496 per share. The ex-dividend date was Monday, December 23rd.

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.