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

Invesco Global Water ETF (NASDAQ:PIO) saw a significant growth in short interest in August. As of August 15th, there was short interest totaling 8,300 shares, agrowthof69.4% from the July 31st total of 4,900 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On Invesco Global Water ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC acquired a new position in shares of Invesco Global Water ETF in the 1st quarter worth approximately $3,436,000. 1 North Wealth Services LLC boosted its holdings in shares of Invesco Global Water ETF by 10,281.3% in the 2nd quarter. 1 North Wealth Services LLC now owns 31,559 shares of the company’s stock worth $1,410,000 after acquiring an additional 31,255 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Invesco Global Water ETF by 3,913.0% in 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. Jones Financial Companies Lllp boosted its holdings in shares of Invesco Global Water ETF by 614.1% in the 1st quarter. Jones Financial Companies Lllp now owns 13,568 shares of the company’s stock worth $544,000 after acquiring an additional 11,668 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of Invesco Global Water ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 89,449 shares of the company’s stock worth $3,590,000 after acquiring an additional 5,255 shares in the last quarter.

Invesco Global Water ETF Trading Up 0.8%

NASDAQ PIO opened at $45.03 on Monday. The stock’s 50 day moving average is $44.75 and its two-hundred day moving average is $42.58. The company has a market capitalization of $276.91 million, a price-to-earnings ratio of 24.59 and a beta of 0.96. Invesco Global Water ETF has a 1-year low of $35.57 and a 1-year high of $45.82.

Invesco Global Water ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were issued a dividend of $0.3508 per share. The ex-dividend date of this dividend was Monday, June 23rd. This is a positive change from Invesco Global Water ETF’s previous quarterly dividend of $0.03. This represents a $1.40 dividend on an annualized basis and a yield of 3.1%.

About Invesco Global Water ETF

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.