Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Sees Significant Decrease in Short Interest

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,800 shares, a decrease of 83.7% from the October 15th total of 23,300 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1,186,290.3% in the third 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. Del Sette Capital Management LLC bought a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the second quarter worth about $5,461,000. OLD Mission Capital LLC lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 1,879.9% in the first quarter. OLD Mission Capital LLC now owns 230,268 shares of the company’s stock worth $4,796,000 after acquiring an additional 218,638 shares during the last quarter. Nicholson Wealth Management Group LLC bought a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the third quarter worth about $2,535,000. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 822.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 107,774 shares of the company’s stock worth $2,301,000 after acquiring an additional 96,087 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Price Performance

Invesco DWA Emerging Markets Momentum ETF stock traded down $0.34 during trading hours on Tuesday, hitting $19.69. The company had a trading volume of 20,244 shares, compared to its average volume of 24,427. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $18.10 and a fifty-two week high of $22.15. The firm’s fifty day moving average is $20.34 and its 200-day moving average is $20.83. The firm has a market capitalization of $121.09 million, a P/E ratio of 10.25 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a dividend yield of 2.95%. The ex-dividend date was Monday, September 23rd.

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.