Short Interest in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Drops By 57.8%

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,900 shares, a drop of 57.8% from the January 31st total of 4,500 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is presently 0.1 days.

Invesco DWA Developed Markets Momentum ETF Stock Down 0.5 %

NASDAQ:PIZ opened at $38.79 on Friday. The business’s 50 day moving average is $37.97 and its two-hundred day moving average is $37.51. The company has a market cap of $188.13 million, a PE ratio of 20.88 and a beta of 1.00. 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 Announces Dividend

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

Institutional Trading of Invesco DWA Developed Markets Momentum ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PIZ. Apollon Wealth Management LLC acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 3rd quarter worth approximately $204,000. Lunt Capital Management Inc. acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 4th quarter worth approximately $293,000. Global Retirement Partners LLC acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 4th quarter worth approximately $297,000. Steward Partners Investment Advisory LLC raised its position in shares of Invesco DWA Developed Markets Momentum ETF by 9.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,471 shares of the company’s stock worth $162,000 after purchasing an additional 392 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Invesco DWA Developed Markets Momentum ETF in the 4th quarter valued at approximately $5,463,000.

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.