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

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

Invesco DWA Developed Markets Momentum ETF Stock Performance

Shares of Invesco DWA Developed Markets Momentum ETF stock traded down $0.18 on Friday, reaching $38.79. The company had a trading volume of 10,825 shares, compared to its average volume of 29,888. The firm’s 50 day moving average price is $37.97 and its two-hundred day moving average price is $37.53. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $32.68 and a 52-week high of $40.48. The firm 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 Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN raised its stake in shares of 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 acquiring an additional 839,290 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter valued at about $5,463,000. LPL Financial LLC grew its holdings in Invesco DWA Developed Markets Momentum ETF by 249.6% during the 4th quarter. LPL Financial LLC now owns 101,064 shares of the company’s stock worth $3,670,000 after acquiring an additional 72,152 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Invesco DWA Developed Markets Momentum ETF by 0.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 57,623 shares of the company’s stock worth $2,093,000 after buying an additional 263 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new position in Invesco DWA Developed Markets Momentum ETF in the fourth quarter valued at approximately $521,000.

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.