Invesco Global Water ETF (NASDAQ:PIO) Sees Significant Growth in Short Interest

Invesco Global Water ETF (NASDAQ:PIO) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 500 shares, a growth of 66.7% from the May 15th total of 300 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is currently 0.0 days.

Invesco Global Water ETF Stock Down 0.0%

Shares of Invesco Global Water ETF stock traded down $0.00 on Tuesday, hitting $43.65. 387 shares of the company traded hands, compared to its average volume of 10,297. Invesco Global Water ETF has a 12-month low of $35.57 and a 12-month high of $44.21. The company has a 50-day moving average price of $41.89 and a 200 day moving average price of $40.82. The company has a market cap of $266.24 million, a PE ratio of 23.34 and a beta of 0.96.

Invesco Global Water ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0541 per share. This is a positive change from Invesco Global Water ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

Hedge Funds Weigh In On Invesco Global Water ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC bought a new stake in Invesco Global Water ETF in the first quarter worth approximately $3,436,000. Wells Fargo & Company MN raised its holdings in Invesco Global Water ETF by 38.7% during the fourth quarter. Wells Fargo & Company MN now owns 111,087 shares of the company’s stock valued at $4,339,000 after buying an additional 30,980 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Global Water ETF in the fourth quarter worth about $754,000. GAMMA Investing LLC boosted its stake in shares of Invesco Global Water ETF by 3,913.0% during the 1st quarter. GAMMA Investing LLC now owns 19,784 shares of the company’s stock worth $7,940,000 after acquiring an additional 19,291 shares in the last quarter. Finally, Susquehanna International Group LLP increased its holdings in shares of Invesco Global Water ETF by 18.9% during the 4th quarter. Susquehanna International Group LLP now owns 82,502 shares of the company’s stock valued at $3,222,000 after acquiring an additional 13,137 shares during the last quarter.

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.