Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Update

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 53,100 shares, a growth of 2,694.7% from the February 13th total of 1,900 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 27,900 shares, the short-interest ratio is presently 1.9 days.

Hedge Funds Weigh In On Invesco DWA Developed Markets Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV grew its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 15.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,102 shares of the company’s stock valued at $403,000 after purchasing an additional 1,457 shares in the last quarter. Comerica Bank boosted its position in Invesco DWA Developed Markets Momentum ETF by 24.5% in the 4th quarter. Comerica Bank now owns 6,337 shares of the company’s stock valued at $230,000 after buying an additional 1,246 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Invesco DWA Developed Markets Momentum ETF in the fourth quarter worth $5,463,000. Wells Fargo & Company MN increased its position in shares of Invesco DWA Developed Markets Momentum ETF by 417.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,040,526 shares of the company’s stock worth $37,787,000 after acquiring an additional 839,290 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Invesco DWA Developed Markets Momentum ETF by 249.6% in the fourth quarter. LPL Financial LLC now owns 101,064 shares of the company’s stock valued at $3,670,000 after acquiring an additional 72,152 shares in the last quarter.

Invesco DWA Developed Markets Momentum ETF Stock Performance

Shares of NASDAQ:PIZ traded up $0.29 during midday trading on Wednesday, hitting $38.71. The company’s stock had a trading volume of 2,398 shares, compared to its average volume of 19,813. Invesco DWA Developed Markets Momentum ETF has a 12-month low of $32.68 and a 12-month high of $40.48. The company has a market cap of $199.33 million, a P/E ratio of 19.94 and a beta of 1.06. The business’s 50 day simple moving average is $38.34 and its 200 day simple moving average is $37.67.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.2876 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco DWA Developed Markets Momentum ETF

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.