Short Interest in Invesco Global Water ETF (NASDAQ:PIO) Decreases By 20.8%

Invesco Global Water ETF (NASDAQ:PIO) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 4,200 shares, a drop of 20.8% from the January 15th total of 5,300 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco Global Water ETF

Several institutional investors and hedge funds have recently modified their holdings of PIO. Bristlecone Advisors LLC bought a new stake in shares of Invesco Global Water ETF during the 3rd quarter worth about $28,000. Vima LLC lifted its position in Invesco Global Water ETF by 5.4% during the third quarter. Vima LLC now owns 7,068 shares of the company’s stock worth $304,000 after acquiring an additional 365 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Invesco Global Water ETF by 73.0% during the third quarter. US Bancorp DE now owns 1,989 shares of the company’s stock worth $86,000 after acquiring an additional 839 shares during the period. FMR LLC grew its position in shares of Invesco Global Water ETF by 22.2% in the third quarter. FMR LLC now owns 2,577 shares of the company’s stock valued at $111,000 after purchasing an additional 469 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Invesco Global Water ETF in the third quarter valued at approximately $1,038,000.

Invesco Global Water ETF Trading Up 0.7 %

Shares of NASDAQ PIO opened at $41.11 on Friday. The company has a market capitalization of $265.16 million, a P/E ratio of 28.91 and a beta of 0.96. Invesco Global Water ETF has a 12 month low of $38.35 and a 12 month high of $43.54. The stock has a 50 day moving average of $40.14 and a 200-day moving average of $40.99.

Invesco Global Water ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0496 per share. The ex-dividend date was Monday, December 23rd.

Invesco Global Water ETF Company Profile

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.