Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 90.0% from the May 31st total of 1,000 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PIO. Holderness Investments Co. purchased a new position in shares of Invesco Global Water ETF in the 4th quarter valued at approximately $755,000. International Assets Investment Management LLC purchased a new position in Invesco Global Water ETF during the fourth quarter valued at $618,000. Vima LLC purchased a new position in Invesco Global Water ETF during the fourth quarter valued at $255,000. Virtu Financial LLC raised its stake in Invesco Global Water ETF by 98.8% during the fourth quarter. Virtu Financial LLC now owns 12,356 shares of the company’s stock valued at $488,000 after buying an additional 6,142 shares during the last quarter. Finally, Community Financial Services Group LLC purchased a new position in Invesco Global Water ETF during the first quarter valued at $210,000.

Invesco Global Water ETF Stock Performance

PIO traded up $0.23 on Friday, hitting $40.41. 6,583 shares of the company were exchanged, compared to its average volume of 8,764. The firm has a fifty day simple moving average of $41.65 and a two-hundred day simple moving average of $40.64. Invesco Global Water ETF has a 12 month low of $31.30 and a 12 month high of $43.54. The stock has a market capitalization of $278.79 million, a PE ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.2198 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date was Monday, June 24th. This is a boost from Invesco Global Water ETF’s previous quarterly dividend of $0.01.

About Invesco Global Water ETF

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index.