Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Sees Significant Increase in Short Interest

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 2,500 shares, an increase of 150.0% from the January 31st total of 1,000 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is presently 0.1 days.

Invesco DWA Emerging Markets Momentum ETF Trading Down 0.9 %

PIE opened at $18.56 on Friday. Invesco DWA Emerging Markets Momentum ETF has a 12-month low of $18.07 and a 12-month high of $22.15. The company has a market cap of $101.15 million, a price-to-earnings ratio of 13.35 and a beta of 0.79. The company’s 50 day moving average is $18.95 and its 200 day moving average is $19.78.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0369 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several institutional investors and hedge funds have recently modified their holdings of PIE. Carolinas Wealth Consulting LLC grew its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 6.5% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 9,851 shares of the company’s stock valued at $189,000 after purchasing an additional 599 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 1.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 64,142 shares of the company’s stock valued at $1,233,000 after acquiring an additional 606 shares in the last quarter. M Holdings Securities Inc. raised its holdings in Invesco DWA Emerging Markets Momentum ETF by 0.3% in the fourth quarter. M Holdings Securities Inc. now owns 338,068 shares of the company’s stock worth $6,498,000 after purchasing an additional 863 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Invesco DWA Emerging Markets Momentum ETF by 27.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock worth $138,000 after purchasing an additional 1,545 shares in the last quarter. Finally, MorganRosel Wealth Management LLC increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 9.3% during the fourth quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock valued at $676,000 after acquiring an additional 2,994 shares in the last quarter.

Invesco DWA Emerging Markets Momentum ETF Company Profile

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.