Short Interest in Invesco Golden Dragon China ETF (NASDAQ:PGJ) Increases By 158.7%

Invesco Golden Dragon China ETF (NASDAQ:PGJ) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 77,100 shares, a growth of 158.7% from the January 31st total of 29,800 shares. Based on an average daily volume of 77,500 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Invesco Golden Dragon China ETF

A number of hedge funds have recently made changes to their positions in PGJ. Sava Infond d.o.o. acquired a new position in Invesco Golden Dragon China ETF during the 4th quarter worth $34,000. JPMorgan Chase & Co. lifted its position in shares of Invesco Golden Dragon China ETF by 2,678.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,556 shares of the company’s stock worth $41,000 after purchasing an additional 1,500 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Invesco Golden Dragon China ETF by 35.9% in the third quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock worth $186,000 after purchasing an additional 1,744 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco Golden Dragon China ETF by 62.7% in the fourth quarter. Bank of America Corp DE now owns 8,521 shares of the company’s stock valued at $223,000 after buying an additional 3,285 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Invesco Golden Dragon China ETF in the third quarter valued at about $245,000.

Invesco Golden Dragon China ETF Stock Performance

Shares of PGJ opened at $30.24 on Friday. Invesco Golden Dragon China ETF has a one year low of $19.97 and a one year high of $31.97. The stock has a 50-day moving average price of $27.38 and a 200 day moving average price of $26.06. The company has a market capitalization of $160.57 million, a P/E ratio of 14.59 and a beta of 0.58.

Invesco Golden Dragon China ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0651 per share. The ex-dividend date was Monday, December 23rd.

About Invesco Golden Dragon China ETF

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.