Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Up 2,694.7% in February

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 53,100 shares, a growth of 2,694.7% from the February 13th total of 1,900 shares. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco DWA Developed Markets Momentum ETF

Institutional investors have recently modified their holdings of the stock. Wells Fargo & Company MN increased its holdings in Invesco DWA Developed Markets Momentum ETF by 417.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,040,526 shares of the company’s stock valued at $37,787,000 after buying an additional 839,290 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter worth approximately $5,463,000. LPL Financial LLC increased its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 249.6% in the 4th quarter. LPL Financial LLC now owns 101,064 shares of the company’s stock valued at $3,670,000 after acquiring an additional 72,152 shares during the last quarter. Independent Advisor Alliance acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 4th quarter valued at approximately $521,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 4th quarter valued at approximately $297,000.

Invesco DWA Developed Markets Momentum ETF Stock Down 1.4 %

PIZ stock opened at $38.34 on Friday. The company has a market capitalization of $185.95 million, a PE ratio of 19.94 and a beta of 1.00. The stock’s 50 day moving average is $38.44 and its two-hundred day moving average is $37.68. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $32.68 and a 52-week high of $40.48.

Invesco DWA Developed Markets Momentum ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2876 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco DWA Developed Markets Momentum ETF

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.