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

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,900 shares, a decrease of 57.8% from the January 31st total of 4,500 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 0.1 days.

Invesco DWA Developed Markets Momentum ETF Stock Performance

NASDAQ:PIZ opened at $38.79 on Monday. The stock’s 50 day moving average price is $37.97 and its 200 day moving average price is $37.54. Invesco DWA Developed Markets Momentum ETF has a 52 week low of $32.68 and a 52 week high of $40.48. The company has a market capitalization of $188.13 million, a P/E ratio of 20.88 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.2876 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco DWA Developed Markets Momentum ETF

Hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its holdings in Invesco DWA Developed Markets Momentum ETF by 9.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,471 shares of the company’s stock worth $162,000 after buying an additional 392 shares during the last quarter. Apollon Wealth Management LLC acquired a new position in Invesco DWA Developed Markets Momentum ETF during the third quarter valued at approximately $204,000. Comerica Bank grew its holdings in Invesco DWA Developed Markets Momentum ETF by 24.5% during the fourth quarter. Comerica Bank now owns 6,337 shares of the company’s stock valued at $230,000 after purchasing an additional 1,246 shares during the last quarter. Lunt Capital Management Inc. acquired a new position in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at approximately $293,000. Finally, Avantax Advisory Services Inc. acquired a new position in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at approximately $295,000.

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.