Short Interest in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Decreases By 78.5%

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 29,200 shares, a decline of 78.5% from the November 30th total of 135,900 shares. Based on an average trading volume of 28,000 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Carolinas Wealth Consulting LLC grew its position in Invesco DWA Developed Markets Momentum ETF by 8.7% during the second quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock worth $163,000 after buying an additional 367 shares during the period. Apollon Wealth Management LLC acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 3rd quarter valued at approximately $204,000. Commonwealth Equity Services LLC boosted its stake in shares of Invesco DWA Developed Markets Momentum ETF by 0.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 57,329 shares of the company’s stock worth $2,047,000 after acquiring an additional 384 shares in the last quarter. Del Sette Capital Management LLC grew its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 1,035.5% in the 2nd quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock worth $5,586,000 after acquiring an additional 142,640 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Invesco DWA Developed Markets Momentum ETF by 44.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock valued at $24,092,000 after purchasing an additional 196,544 shares in the last quarter.

Invesco DWA Developed Markets Momentum ETF Stock Performance

PIZ traded down $0.22 during trading on Friday, reaching $36.59. The company’s stock had a trading volume of 6,308 shares, compared to its average volume of 18,087. The company’s fifty day moving average price is $37.44 and its 200-day moving average price is $36.74. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $30.86 and a 52-week high of $38.91. The company has a market capitalization of $135.38 million, a price-to-earnings ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.2876 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.