Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Down 80.0% in March

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a decrease of 80.0% from the February 28th total of 7,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 31,500 shares, the short-interest ratio is currently 0.0 days.

Invesco DWA Emerging Markets Momentum ETF Price Performance

Shares of NASDAQ:PIE opened at $18.72 on Thursday. The company’s 50 day simple moving average is $18.89 and its 200 day simple moving average is $19.60. The stock has a market capitalization of $102.02 million, a price-to-earnings ratio of 13.49 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a 1 year low of $18.07 and a 1 year high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.008 per share. The ex-dividend date is Monday, March 24th.

Hedge Funds Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in PIE. Benjamin Edwards Inc. bought a new stake in shares of Invesco DWA Emerging Markets Momentum ETF during the third quarter worth about $1,999,000. Maltin Wealth Management Inc. boosted 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 valued at $5,848,000 after purchasing an additional 6,003 shares during the last quarter. MorganRosel Wealth Management LLC increased its position in shares of Invesco DWA Emerging Markets Momentum ETF by 9.3% during the fourth quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock worth $676,000 after buying an additional 2,994 shares during the period. Whipplewood Advisors LLC acquired a new stake in Invesco DWA Emerging Markets Momentum ETF during the 4th quarter worth about $362,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in Invesco DWA Emerging Markets Momentum ETF by 27.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock worth $138,000 after purchasing an additional 1,545 shares in the last quarter.

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.