Invesco Global Water ETF (NASDAQ:PIO) Short Interest Up 200.0% in December

Invesco Global Water ETF (NASDAQ:PIO) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 300 shares, an increase of 200.0% from the November 30th total of 100 shares. Based on an average trading volume of 9,200 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PIO. Flow Traders U.S. LLC purchased a new position in Invesco Global Water ETF in the third quarter worth about $1,038,000. Elmwood Wealth Management Inc. boosted its position in shares of Invesco Global Water ETF by 13.1% during the third quarter. Elmwood Wealth Management Inc. now owns 45,953 shares of the company’s stock valued at $1,980,000 after buying an additional 5,318 shares during the period. Mather Group LLC. purchased a new position in shares of Invesco Global Water ETF during the third quarter valued at approximately $79,000. Stifel Financial Corp boosted its position in shares of Invesco Global Water ETF by 2.1% during the third quarter. Stifel Financial Corp now owns 45,996 shares of the company’s stock valued at $1,982,000 after buying an additional 951 shares during the period. Finally, US Bancorp DE boosted its position 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 valued at $86,000 after buying an additional 839 shares during the period.

Invesco Global Water ETF Stock Up 0.5 %

NASDAQ:PIO traded up $0.21 on Thursday, reaching $39.52. 5,141 shares of the company’s stock traded hands, compared to its average volume of 8,498. The firm has a market cap of $262.81 million, a PE ratio of 28.91 and a beta of 0.96. The stock has a 50-day simple moving average of $41.00 and a 200-day simple moving average of $41.24. Invesco Global Water ETF has a 12 month low of $37.57 and a 12 month high of $43.54.

Invesco Global Water ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.0496 per share. The ex-dividend date is 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.