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

Invesco Global Water ETF (NASDAQ:PIO) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 357 shares, a drop of 47.1% from the April 15th total of 675 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 8,074 shares, the days-to-cover ratio is presently 0.0 days.

Invesco Global Water ETF Price Performance

Shares of PIO traded down $0.88 on Friday, reaching $43.57. The company’s stock had a trading volume of 9,164 shares, compared to its average volume of 14,344. Invesco Global Water ETF has a 12-month low of $42.09 and a 12-month high of $48.63. The stock has a market capitalization of $265.78 million, a P/E ratio of 24.59 and a beta of 1.03. The stock’s 50 day simple moving average is $44.82 and its two-hundred day simple moving average is $45.43.

Invesco Global Water ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.0449 per share. This is an increase from Invesco Global Water ETF’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

Hedge Funds Weigh In On Invesco Global Water ETF

Large investors have recently added to or reduced their stakes in the company. Whittier Trust Co. purchased a new position in Invesco Global Water ETF during the first quarter valued at approximately $31,000. Intesa Sanpaolo Wealth Management purchased a new position in Invesco Global Water ETF during the fourth quarter valued at approximately $33,000. Brown Brothers Harriman & Co. purchased a new position in Invesco Global Water ETF during the fourth quarter valued at approximately $33,000. Trust Co. of Vermont lifted its holdings in Invesco Global Water ETF by 475.3% during the fourth quarter. Trust Co. of Vermont now owns 863 shares of the company’s stock valued at $38,000 after purchasing an additional 713 shares in the last quarter. Finally, Union Savings Bank purchased a new position in Invesco Global Water ETF during the fourth quarter valued at approximately $43,000.

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. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.