Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Update

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 34,800 shares, a decline of 38.4% from the October 15th total of 56,500 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On Invesco DWA Developed Markets Momentum ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in PIZ. Carolinas Wealth Consulting LLC lifted its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 8.7% during the second quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock valued at $163,000 after purchasing an additional 367 shares during the last quarter. Apollon Wealth Management LLC bought a new position in Invesco DWA Developed Markets Momentum ETF during the 3rd quarter valued at approximately $204,000. Janney Montgomery Scott LLC raised its stake in Invesco DWA Developed Markets Momentum ETF by 24.6% during the first quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock valued at $391,000 after buying an additional 2,237 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco DWA Developed Markets Momentum ETF by 0.7% in the second quarter. Commonwealth Equity Services LLC now owns 57,329 shares of the company’s stock worth $2,047,000 after acquiring an additional 384 shares in the last quarter. Finally, Del Sette Capital Management LLC grew its stake in shares of Invesco DWA Developed Markets Momentum ETF by 1,035.5% in the second quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock worth $5,586,000 after acquiring an additional 142,640 shares during the last quarter.

Invesco DWA Developed Markets Momentum ETF Trading Down 0.6 %

Shares of NASDAQ PIZ traded down $0.23 during midday trading on Friday, hitting $36.92. 14,720 shares of the company’s stock were exchanged, compared to its average volume of 18,236. The business’s fifty day moving average price is $37.33 and its two-hundred day moving average price is $36.20. The company has a market cap of $136.60 million, a price-to-earnings ratio of 20.28 and a beta of 1.00. Invesco DWA Developed Markets Momentum ETF has a 12-month low of $29.41 and a 12-month high of $38.44.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.032 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.13 annualized dividend and a yield of 0.35%.

About Invesco DWA Developed Markets Momentum ETF

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.