Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Short Interest Update

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,721 shares, a decline of 47.0% from the December 15th total of 5,131 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 1,019 shares, the days-to-cover ratio is currently 2.7 days. Based on an average trading volume of 1,019 shares, the days-to-cover ratio is currently 2.7 days. Currently, 0.4% of the company’s shares are sold short.

Invesco S&P Emerging Markets Momentum ETF Stock Performance

Shares of EEMO stock traded up $0.05 on Thursday, hitting $18.54. 942 shares of the company’s stock traded hands, compared to its average volume of 3,474. The stock has a market capitalization of $12.05 million, a price-to-earnings ratio of 14.69 and a beta of 0.66. The company’s fifty day simple moving average is $17.76 and its 200 day simple moving average is $17.62. Invesco S&P Emerging Markets Momentum ETF has a one year low of $12.85 and a one year high of $18.67.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco S&P Emerging Markets Momentum ETF stock. Equitable Holdings Inc. lifted its stake in Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,905 shares of the company’s stock after buying an additional 3,438 shares during the period. Equitable Holdings Inc. owned approximately 10.92% of Invesco S&P Emerging Markets Momentum ETF worth $1,472,000 as of its most recent SEC filing.

About Invesco S&P Emerging Markets Momentum ETF

The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.