Short Interest in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) Decreases By 66.7%

Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 100 shares, a decrease of 66.7% from the June 15th total of 300 shares. Based on an average trading volume of 2,100 shares, the short-interest ratio is currently 0.0 days.

Invesco Dorsey Wright Basic Materials Momentum ETF Trading Up 0.7 %

NASDAQ PYZ traded up $0.66 during trading hours on Friday, reaching $90.27. 818 shares of the company’s stock were exchanged, compared to its average volume of 2,748. The stock has a market cap of $62.29 million, a PE ratio of 10.44 and a beta of 1.36. Invesco Dorsey Wright Basic Materials Momentum ETF has a one year low of $72.33 and a one year high of $93.83. The firm has a fifty day moving average of $89.72 and a 200-day moving average of $87.53.

Invesco Dorsey Wright Basic Materials Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.2638 per share. The ex-dividend date was Monday, June 24th. This is a positive change from Invesco Dorsey Wright Basic Materials Momentum ETF’s previous quarterly dividend of $0.21. This represents a $1.06 dividend on an annualized basis and a yield of 1.17%.

Institutional Investors Weigh In On Invesco Dorsey Wright Basic Materials Momentum ETF

A number of large investors have recently bought and sold shares of the business. IMC Chicago LLC bought a new stake in Invesco Dorsey Wright Basic Materials Momentum ETF during the 1st quarter worth approximately $1,061,000. Maltin Wealth Management Inc. grew its position in Invesco Dorsey Wright Basic Materials Momentum ETF by 4.3% during the 2nd quarter. Maltin Wealth Management Inc. now owns 5,250 shares of the company’s stock worth $459,000 after acquiring an additional 216 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new position in Invesco Dorsey Wright Basic Materials Momentum ETF during the 4th quarter worth $49,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.