Short Interest in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Decreases By 51.7%

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 16,800 shares, a decrease of 51.7% from the October 31st total of 34,800 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is currently 0.7 days.

Invesco DWA Developed Markets Momentum ETF Trading Up 0.7 %

Shares of NASDAQ:PIZ opened at $37.47 on Thursday. Invesco DWA Developed Markets Momentum ETF has a 12-month low of $29.97 and a 12-month high of $38.44. The stock’s 50-day moving average price is $37.47 and its 200-day moving average price is $36.40. The stock has a market capitalization of $138.65 million, a P/E ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.032 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.13 dividend on an annualized basis and a yield of 0.34%.

Institutional Trading of Invesco DWA Developed Markets Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PIZ. Carolinas Wealth Consulting LLC grew its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 8.7% in the second quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock worth $163,000 after purchasing an additional 367 shares during the last quarter. Apollon Wealth Management LLC purchased a new stake in Invesco DWA Developed Markets Momentum ETF during the 3rd quarter valued at $204,000. Commonwealth Equity Services LLC grew its holdings in Invesco DWA Developed Markets Momentum ETF by 0.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 57,329 shares of the company’s stock worth $2,047,000 after acquiring an additional 384 shares during the last quarter. Del Sette Capital Management LLC increased its position in shares of Invesco DWA Developed Markets Momentum ETF by 1,035.5% in the second quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock valued at $5,586,000 after acquiring an additional 142,640 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco DWA Developed Markets Momentum ETF by 44.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock valued at $24,092,000 after acquiring an additional 196,544 shares during the last quarter.

Invesco DWA Developed Markets Momentum ETF Company Profile

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.