Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Rises By 269.8%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 23,300 shares, an increase of 269.8% from the September 30th total of 6,300 shares. Based on an average trading volume of 13,900 shares, the short-interest ratio is currently 1.7 days.

Institutional Trading of Invesco DWA Emerging Markets Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Carolinas Wealth Consulting LLC increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 7.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 9,223 shares of the company’s stock worth $197,000 after buying an additional 600 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 10.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,549 shares of the company’s stock worth $396,000 after buying an additional 1,705 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 3.6% during the 1st quarter. EP Wealth Advisors LLC now owns 20,256 shares of the company’s stock worth $422,000 after buying an additional 702 shares during the last quarter. MorganRosel Wealth Management LLC increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 4.1% during the 1st quarter. MorganRosel Wealth Management LLC now owns 30,767 shares of the company’s stock worth $641,000 after buying an additional 1,200 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 8.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,882 shares of the company’s stock worth $745,000 after buying an additional 2,812 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Trading Up 0.1 %

PIE stock traded up $0.02 during mid-day trading on Friday, reaching $20.57. The company’s stock had a trading volume of 6,438 shares, compared to its average volume of 23,064. The stock has a market cap of $126.51 million, a PE ratio of 10.25 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $17.35 and a fifty-two week high of $22.15. The company’s 50 day moving average is $20.42 and its two-hundred day moving average is $20.90.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.145 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.58 dividend on an annualized basis and a yield of 2.82%.

About Invesco DWA Emerging Markets Momentum ETF

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.