Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Update

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 600 shares, a drop of 84.2% from the October 31st total of 3,800 shares. Based on an average trading volume of 21,800 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Carolinas Wealth Consulting LLC increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 7.0% in the second quarter. Carolinas Wealth Consulting LLC now owns 9,223 shares of the company’s stock valued at $197,000 after buying an additional 600 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 10.1% in the second quarter. Commonwealth Equity Services LLC now owns 18,549 shares of the company’s stock valued at $396,000 after buying an additional 1,705 shares in the last quarter. MorganRosel Wealth Management LLC increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 3.3% in the third quarter. MorganRosel Wealth Management LLC now owns 32,167 shares of the company’s stock valued at $663,000 after buying an additional 1,036 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 8.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 34,882 shares of the company’s stock valued at $745,000 after buying an additional 2,812 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 6.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 61,739 shares of the company’s stock valued at $1,318,000 after buying an additional 3,709 shares in the last quarter.

Invesco DWA Emerging Markets Momentum ETF Stock Performance

Shares of NASDAQ PIE traded up $0.12 during midday trading on Thursday, reaching $19.81. 15,504 shares of the company traded hands, compared to its average volume of 24,597. The firm has a market cap of $121.83 million, a PE ratio of 10.25 and a beta of 0.79. The stock’s 50-day simple moving average is $20.28 and its 200-day simple moving average is $20.69. Invesco DWA Emerging Markets Momentum ETF has a 12 month low of $18.10 and a 12 month high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.145 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.93%.

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.