Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Short Interest Update

Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 14,700 shares, a growth of 59.8% from the November 30th total of 9,200 shares. Based on an average daily trading volume, of 25,700 shares, the short-interest ratio is presently 0.6 days.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of PRN stock opened at $155.84 on Monday. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $113.13 and a 52 week high of $180.08. The firm’s 50-day simple moving average is $166.43 and its two-hundred day simple moving average is $150.81. The firm has a market cap of $345.96 million, a price-to-earnings ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.2497 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco Dorsey Wright Industrials Momentum ETF

Large investors have recently bought and sold shares of the company. FMR LLC increased its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 17.1% in the third quarter. FMR LLC now owns 404 shares of the company’s stock worth $62,000 after purchasing an additional 59 shares in the last quarter. SPC Financial Inc. grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 1.3% in the 2nd quarter. SPC Financial Inc. now owns 7,641 shares of the company’s stock valued at $1,019,000 after buying an additional 95 shares in the last quarter. Larson Financial Group LLC raised its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 5.1% during the 3rd quarter. Larson Financial Group LLC now owns 1,964 shares of the company’s stock valued at $300,000 after acquiring an additional 95 shares during the period. MGB Wealth Management LLC lifted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.9% during the third quarter. MGB Wealth Management LLC now owns 875 shares of the company’s stock worth $134,000 after acquiring an additional 100 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the third quarter worth $31,000.

About Invesco Dorsey Wright Industrials Momentum ETF

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.