Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,100 shares, an increase of 933.3% from the December 15th total of 300 shares. Based on an average daily volume of 8,100 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Invesco Global Water ETF

Several institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV boosted its position in Invesco Global Water ETF by 1.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 17,852 shares of the company’s stock worth $721,000 after acquiring an additional 299 shares during the period. Vima LLC lifted its holdings in Invesco Global Water ETF by 5.4% in the third quarter. Vima LLC now owns 7,068 shares of the company’s stock worth $304,000 after purchasing an additional 365 shares during the period. FMR LLC grew its position in Invesco Global Water ETF by 22.2% in the 3rd quarter. FMR LLC now owns 2,577 shares of the company’s stock valued at $111,000 after buying an additional 469 shares in the last quarter. JPMorgan Chase & Co. grew its position in Invesco Global Water ETF by 411.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 772 shares of the company’s stock valued at $33,000 after buying an additional 621 shares in the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of Invesco Global Water ETF during the 3rd quarter worth about $28,000.

Invesco Global Water ETF Price Performance

NASDAQ:PIO traded up $0.26 during midday trading on Tuesday, reaching $39.14. 10,010 shares of the company traded hands, compared to its average volume of 14,189. The firm has a market capitalization of $254.41 million, a price-to-earnings ratio of 28.91 and a beta of 0.96. The company has a fifty day moving average price of $40.42 and a 200 day moving average price of $41.05. Invesco Global Water ETF has a twelve month low of $37.57 and a twelve month high of $43.54.

Invesco Global Water ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0496 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Global Water ETF Company Profile

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index.