Invesco Golden Dragon China ETF (NASDAQ:PGJ) Short Interest Up 34.2% in January

Invesco Golden Dragon China ETF (NASDAQ:PGJ) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 29,800 shares, a growth of 34.2% from the January 15th total of 22,200 shares. Based on an average daily volume of 74,000 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco Golden Dragon China ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Sava Infond d.o.o. bought a new stake in shares of Invesco Golden Dragon China ETF during the 4th quarter worth approximately $34,000. JPMorgan Chase & Co. lifted its holdings in shares of Invesco Golden Dragon China ETF by 2,678.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,556 shares of the company’s stock worth $41,000 after acquiring an additional 1,500 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of Invesco Golden Dragon China ETF by 35.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock worth $186,000 after acquiring an additional 1,744 shares during the period. Envestnet Asset Management Inc. lifted its stake in Invesco Golden Dragon China ETF by 17.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 18,670 shares of the company’s stock valued at $488,000 after purchasing an additional 2,749 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Invesco Golden Dragon China ETF by 17.2% in the 4th quarter. LPL Financial LLC now owns 41,772 shares of the company’s stock valued at $1,093,000 after purchasing an additional 6,127 shares during the last quarter.

Invesco Golden Dragon China ETF Stock Performance

Shares of Invesco Golden Dragon China ETF stock traded up $0.68 on Friday, reaching $30.41. 98,979 shares of the stock were exchanged, compared to its average volume of 66,329. The firm’s 50 day moving average is $26.84 and its 200-day moving average is $25.54. Invesco Golden Dragon China ETF has a one year low of $19.97 and a one year high of $31.97. The firm has a market cap of $161.48 million, a PE ratio of 14.59 and a beta of 0.58.

Invesco Golden Dragon China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0651 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco Golden Dragon China ETF

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.