Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) Sees Significant Decrease in Short Interest

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 940 shares, a drop of 94.2% from the July 30th total of 16,342 shares. Based on an average trading volume of 75,349 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco Dorsey Wright Developed Markets Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PIZ. Highland Investment Advisors LLC bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter worth about $29,000. Garton & Associates Financial Advisors LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $41,000. Kestra Advisory Services LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $97,000. Flagship Wealth Advisors LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the fourth quarter worth approximately $122,000. Finally, Arax Advisory Partners acquired a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter worth approximately $133,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Developed Markets Momentum ETF stock traded up $0.18 on Thursday, hitting $54.00. 7,080 shares of the company’s stock traded hands, compared to its average volume of 90,551. The company has a market capitalization of $758.70 million, a price-to-earnings ratio of 18.27 and a beta of 1.11. Invesco Dorsey Wright Developed Markets Momentum ETF has a one year low of $45.44 and a one year high of $59.47. The company has a fifty day moving average of $53.73 and a two-hundred day moving average of $53.99.

Invesco Dorsey Wright Developed Markets Momentum ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.4503 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 annualized dividend and a yield of 3.3%.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.