Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Up 183.3% in November

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,700 shares, a growth of 183.3% from the November 15th total of 600 shares. Based on an average daily trading volume, of 21,300 shares, the short-interest ratio is presently 0.1 days.

Invesco DWA Emerging Markets Momentum ETF Trading Up 0.4 %

Shares of PIE stock traded up $0.08 on Wednesday, hitting $20.26. 15,110 shares of the stock were exchanged, compared to its average volume of 24,098. The firm has a market capitalization of $124.60 million, a PE ratio of 10.25 and a beta of 0.79. The firm’s 50 day moving average is $20.16 and its two-hundred day moving average is $20.58. Invesco DWA Emerging Markets Momentum ETF has a one year low of $18.10 and a one year high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.145 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.58 annualized dividend and a dividend yield of 2.86%.

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

Several hedge funds and other institutional investors have recently modified their holdings of PIE. International Assets Investment Management LLC raised its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 1,186,290.3% in the 3rd quarter. International Assets Investment Management LLC now owns 7,213,253 shares of the company’s stock valued at $148,737,000 after acquiring an additional 7,212,645 shares in the last quarter. M Holdings Securities Inc. raised its stake in Invesco DWA Emerging Markets Momentum ETF by 21.6% in the third quarter. M Holdings Securities Inc. now owns 337,205 shares of the company’s stock valued at $6,953,000 after purchasing an additional 59,929 shares in the last quarter. Maltin Wealth Management Inc. lifted its position in Invesco DWA Emerging Markets Momentum ETF by 8.5% during the third quarter. Maltin Wealth Management Inc. now owns 298,237 shares of the company’s stock valued at $6,150,000 after purchasing an additional 23,468 shares during the last quarter. Del Sette Capital Management LLC purchased a new position in Invesco DWA Emerging Markets Momentum ETF in the 2nd quarter worth approximately $5,461,000. Finally, Nicholson Wealth Management Group LLC bought a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the 3rd quarter worth $2,535,000.

About Invesco DWA Emerging Markets Momentum ETF

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.