Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Declines By 23.1%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 1,000 shares, a drop of 23.1% from the January 15th total of 1,300 shares. Based on an average trading volume of 24,900 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its position in Invesco DWA Emerging Markets Momentum ETF by 1,186,290.3% during the 3rd quarter. International Assets Investment Management LLC now owns 7,213,253 shares of the company’s stock worth $148,737,000 after acquiring an additional 7,212,645 shares during the period. Raymond James Financial Inc. acquired a new position in Invesco DWA Emerging Markets Momentum ETF during the 4th quarter worth $12,882,000. OLD Mission Capital LLC raised its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1,180.7% in the 4th quarter. OLD Mission Capital LLC now owns 459,570 shares of the company’s stock worth $8,833,000 after buying an additional 423,687 shares in the last quarter. M Holdings Securities Inc. raised its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 0.3% in the 4th quarter. M Holdings Securities Inc. now owns 338,068 shares of the company’s stock worth $6,498,000 after buying an additional 863 shares in the last quarter. Finally, Maltin Wealth Management Inc. raised its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 2.0% in the 4th quarter. Maltin Wealth Management Inc. now owns 304,240 shares of the company’s stock worth $5,848,000 after buying an additional 6,003 shares in the last quarter.

Invesco DWA Emerging Markets Momentum ETF Price Performance

NASDAQ:PIE traded up $0.10 during midday trading on Friday, reaching $19.18. 28,451 shares of the company traded hands, compared to its average volume of 26,262. Invesco DWA Emerging Markets Momentum ETF has a twelve month low of $18.07 and a twelve month high of $22.15. The firm has a market capitalization of $104.53 million, a price-to-earnings ratio of 10.25 and a beta of 0.79. The company has a fifty day moving average price of $19.13 and a 200 day moving average price of $19.84.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0369 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.